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Podcast episode
City Budget
$32.2 billion, with Port Authority Executive Director Rick Cotton
March 08, 2018
$32.2 billion is the size of the 2017-2026 Capital Plan of the Port Authority of NY and NJ. This podcast features Port Authority Executive Director Rick Cotton, followed by a discussion on public-private partnerships, airport renovations, the fate of Gateway, and the 42nd Street bus terminal.
Testimony
Housing
Testimony on the NYCHA Physical Needs Assessment
Submitted to the New York City Council Committee on Public Housing
November 15, 2018
NYCHA has an astounding $32 billion in capital needs, a nearly fivefold increase over the last decade. Today nearly all its properties require substantial rehabilitation.
Op Ed
Public Workforce
Early Retirement Incentives for City Workers Is Foolhardy and Expensive
Crain’s New York Business
April 15, 2021
New York state has just authorized New York City to offer most civilian employees an incentive to retire early. The city should flatly reject this opportunity.
Podcast episode
City Budget
$17 billion, with Jamison Dague
August 07, 2018
$17 billion is the preliminary budget for the Metropolitan Transportation Authority in 2019, an increase of 2.1% from 2018. CBC's Director of Infrastructure Studies Jamison Dague breaks down the preliminary budget and discusses looming risks, such as subway car reliability and progress of the various "action plans" put in place this year.
Blog
Public Workforce
We Fund the Police
How Much? What Has Changed?
June 15, 2021
Few fiscal realities are the subject of as much public attention as the size of the NYPD budget.
Blog
City Budget
Hiring Now, Attrition Later
One-Year Hiring Thaw Leaves Budgeted Staff Reduction For Next Mayor
July 13, 2021
In the Fiscal Year 2022 Adopted Budget, Mayor Bill de Blasio and the City Council temporarily reversed the City’s partial hiring freeze savings plan.
Op Ed
Pensions & Benefits
Pension sweeteners a bitter prospect for New York City
New York Daily News
June 15, 2018
The City Council adopted a budget for fiscal year 2019 that totals almost $90 billion. Almost $10 billion will be devoted to pensions for public employees, and the amount is projected to grow. And yet, for some, this is not enough.
Podcast episode
City Budget
$103.3 billion, with Comptroller Scott Stringer
July 09, 2021
$103.3 billion is the total amount of spending authorized by the City Council for Fiscal Year 2022. While officials call it a budget of $98.3 billion, the larger figure reflects the full amount to be expended, including $6 billion available from the prior year due to higher than expected tax receipts and federal aid. Joining the podcast to discuss the adopted budget is NYC Comptroller Scott Stringer.
Blog
Public Workforce
Rising Again
City Reverses Course on Workforce Reduction
June 08, 2021
With annual budget gaps in fiscal years 2023 to 2025 nearing $5 billion (including unspecified labor savings), the City should not increase the size of its workforce.
Podcast episode
City Budget
$31.8 billion, with Sean Campion
July 19, 2018
$31.8 billion is the amount required to repair NYCHA's public housing units over the next five years. CBC Senior Research Associate Sean Campion discuss the findings and recommendations of CBC's recent report on NYCHA's capital needs and explains how NYCHA got into such a deep hole and and how it can start to dig out.
Podcast episode
City Budget
7.42%, with NYC Labor Commissioner Bob Linn
July 27, 2018
7.42% is the compounded salary and wage increases for members of DC37, the City’s largest municipal union for civilian workers, under a new contract that sets the pattern for negotiations with other labor unions. NYC Labor Commissioner Bob Linn joins the podcast to discuss this deal, the dynamics of negotiating with the public workforce, and why health insurance is an area long overdue for savings.
Podcast episode
City Budget
45, with Laura Anglin
October 03, 2018
45 is the number of agencies that submitted performance metrics to the recently released Mayor's Management Report. Agencies organize their reports according to service areas and goals, and present the indicators to help the public understand agency performance. NYC's Deputy Mayor of Operations Laura Anglin joined the podcast to discuss how the city uses data to improve the operations and performance of key city agencies.
Podcast episode
City Budget
2020, with Deputy Mayor Phil Thompson
June 07, 2018
2020 is the year of the next Census, a national survey that determines the number of seats each state is allocated in the House of Representatives, and informs policy and funding decisions at all levels of government. Phil Thompson, Deputy Mayor for Strategic Policy Initiatives, is in charge of coordinating the City's public outreach in the months leading up to the Census. The Deputy Mayor joined the podcast to discuss the importance of Census outreach and the many other initiatives he is spearheading.
Podcast episode
City Budget
8, with Emma Wolfe
December 16, 2021
8 is the number of years Bill de Blasio has been Mayor of New York City. Joining the podcast to look back on those years is Emma Wolfe, Chief of Staff and Deputy Mayor for Administration. Emma has been a top staff member and strategist for Bill de Blasio since 2010, starting as Chief of Staff when he was elected Public Advocate, and has been involved with nearly every mayoral initiative and decision of his administration.
Blog
City Budget
NYC Adopted Budget Falls Short
June 26, 2018
On June 14, 2018 the New York City Council adopted the Fiscal Year 2019 Budget. Given strong economic growth and some higher than expected tax revenue generated by federal tax reform, the ample resources allowed Mayor Bill de Blasio and the Council to come to a deal quickly.
Blog
City Budget
A Budget Strategy for Mayor de Blasio's Second Term
January 29, 2018
Four strategies to help Mayor de Basio think through budgeting in his second term.
Podcast episode
City Budget
Episode 59: 1981
November 16, 2018
The data point for today is 1981, the year in which the State Legislature enacted S7000A, the landmark bill that formalized the current property tax system for New York City. A response to the Hellerstein case, which found the system was in violation of State law, S7000A essentially codified the status quo.In doing so, it established a system of property classification, fractional assessments, caps, phase-ins, and class shares that is still with us 37 years later. These structural features and statutory requirements are the root of the system’s inequities and complexities. A home worth $500,000 can face the same tax bill as a home worth $1.5 million, while the value of a condominium unit, according to the City, is a fraction of its sale price. In fact, some buildings have values that are below the sale price of individual units. And commercial and rental property faces a higher average property tax burden than 1-, 2- and 3-family homes.
These inequities and problems have led to repeated calls for reform, including pending litigation. This past May, Mayor de Blasio and Speaker Johnson formed the Advisory Commission on Property Tax Reform. In September, the Citizens Budget Commission, the Regional Plan Association, and NYU Robert Wagner School of Public Service held a panel to discuss the problem, inequities and potential reforms
Testimony
City Budget
Testimony on Comprehensive Long-Term Planning (Intro. 2186)
Submitted to the New York City Council
February 23, 2021
Intro. 2186 proposes a new comprehensive planning framework that would reform the City’s land use and capital planning process.
Blog
Transportation
Tsk-tsk on Governor’s TIF Proposal
February 02, 2018
The FY 2019 Executive Budget proposed to allow the MTA to create tax increment financing districts in NYC to raise revenue for capital improvements. Though TIFs can play a useful role, the proposal is flawed.
Report
Housing
Think Your Rent Is High?
Documenting New York City’s Severest Rent Burdens
October 11, 2018
Housing affordability is a perennial concern of New Yorkers and their elected officials, and the production and preservation of affordable housing is a key priority of the de Blasio Administration.