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Op Ed
State Budget
Repeal the Film Tax Credit, But Don't Expect Savings Just Yet
Even if this wasteful program is killed in 2018, its expenditures will continue for years
December 13, 2017
The Citizens Budget Commission is a long-time critic of the New York State Film Tax Credit program and supports its repeal. However, due to some unusual provisions of state tax law, repeal of the credit will not yield immediate state savings.
Report
Health Care
Medicaid Supplemental Payments
The Alphabet Soup of Programs Sustaining Ailing Hospitals Faces Risks and Needs Reform
August 31, 2017
$5 billion in annual supplemental payments are important to the finances of many hospitals. Federal policy will shrink these payments; the impact will be most severe for NYC municipal hospitals.
Special Feature
Economic Development
Economic Development in the New York State Budget
June 14, 2017
Reporting is limited and differs by program. With $4.0 billion in annual state spending and tax expenditures, a significant investment is being made without enough information to evaluate its success.
Blog
State Budget
Budget Proposals with a Big Long-Term Payoff
March 16, 2017
The NYS FY2018 Executive Budget includes three proposals to reduce the State’s cost of providing retiree health insurance. Budget savings would be modest, but the reduction in the OPEB liability would be significant.
Blog
Health Care
Time to Rethink HCRA Taxes
April 18, 2017
Taxes initially earmarked for health care programs are now being transferred to the State's General Fund and used for other purposes. The Legislature should replace them in future budgets.
Video
State Budget
Cuomo's Hollywood Fundraising Raises Eyebrows Regarding NY's Film Tax Credit
Spectrum News
November 16, 2017
Governor Andrew Cuomo is back in New York after a rare, overnight trip to California, fundraising with Hollywood executives whose industry has benefited from New York's $420 million film tax credit program.
Podcast episode
State Budget
$209 billion, with State Senator Liz Krueger, E.J. McMahon, and Patrick Orecki
June 30, 2021
$209 billion is the total spending in New York State's Enacted Budget for Fiscal Year 2022. Six months ago, New York State was staring down a four-year revenue shortfall totaling $60 billion—however, revenues have strengthened and the federal government passed a stimulus bill that includes what may be the largest state and local government relief program in history. Still, the State decided to raise taxes, boost education aid, and fund a host of economic recovery programs. Joining the podcast are three guests to discuss what this means for the State's fiscal future: State Senator Liz Krueger, Senior Fellow at the Empire Center and Adjunct Fellow at the Manhattan Institute E.J. McMahon, and CBC's Director of State Studies Patrick Orecki.
Blog
State Budget
Shifts and Levers: Meeting a 2 Percent Spending Target with Fiscal Gimmicks
February 14, 2017
How does the State budget keeps spending below 2 percent? With 4 fiscal gimmicks.
Blog
State Budget
First Take on the NYS FY2018 Executive Budget
January 19, 2017
How does the State budget look? Most proposals get mixed reviews.
Blog
State Budget
Pre-Budget Ruminations
What to Look for in the NYS Fiscal Year 2019 Executive Budget
December 17, 2017
With a reported gap between $4.4 billion and $6.3 billion, and billions in federal changes yet to be recognized, here's what CBC will ask when Governor Cuomo rolls out the 2019 Executive Budget.
Blog
State Budget
What to Look for in the NYS FY 2022 Executive Budget
January 15, 2021
Balancing the fiscal year 2022 budget will require some combination of spending cuts, additional revenues, and other actions
Blog
State Budget
When 2 Percent Isn't 2 Percent
May 30, 2017
Adjustments to consistently track year-to-year reveal a 3.7% growth rate in fiscal year 2018.
Report
State Budget
Balancing Act
Alternatives that Balance the NYS Budget without Raising Income Taxes
February 10, 2021
There are better alternatives to balance the State Budget and improve the State’s fiscal outlook.
Blog
Transportation
“Parity” for State Transportation Investments
A Misguided Misnomer
March 09, 2017
Do the State's transportation and transit investments really achieve "parity" between the DOT and the MTA? They don't -- and they shouldn't.
Op Ed
City Budget
Fed aid is a bridge; stable shore needed: American Rescue Plan good for NYC only if used prudently
New York Daily News
March 13, 2021
The American Rescue Plan will not only provide tremendous support to individuals, families, businesses and organizations, but can be a game-changer for New York state and city government. Success, however, is far from guaranteed.
Letter
State Budget
Groups Urge Full Transparency of Budget Cuts and to Omit Special Budget Powers in FY 2022 Enacted Budget
A Letter to the Governor and Legislature
March 10, 2021
We write to follow up on our December 21, 2020 letter that requested increased transparency on State spending reductions and withholdings implemented during fiscal year 2021.
Letter
State Budget
Recommendations for Legislative Action on the Governor's Executive Budget for FY2018
February 28, 2017
The CBC’s recommendations for proposals to support, modify, and reject.
Blog
State Budget
And State Spending Growth Resumes
Buoyed by Revenue Strength and Federal Aid
March 26, 2021
Governor’s Fiscal Year 2022 Executive Budget proposes to increase State Operating Funds spending an average of 3 percent per year over the next four fiscal years.
Blog
State Budget
Questions About the NYS FY2018 Executive Budget
January 12, 2017
How much with the Governor's proposals cost and how will he pay for them?
Letter
State Budget
Recommendations for Legislative Action on the FY2022 NYS Executive Budget
Letter to the State Legislature
March 01, 2021
Prudent use of federal aid would allow the State not only to close the near-term gaps, but stave off the most serious cuts and improve the State’s long run fiscal stability.