Gotham Gazette

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Citizens Budget Commission

Citizens Budget Commission

  • whats the data point


    What's The [Data] Point? Episode 107 -- $250 billion [You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]

    $250 billion—the assets held by the five pensions funds for which the New York City Comptroller is custodian, administrator, and investment advisor. But that's not the Comptroller's only

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  • Brad Lander, Brian Benjamin, Michelle Caruso-Cabrera, Corey Johnson, David Weprin, Zach Iscol

    (l-r) Brad Lander, Brian Benjamin, Michelle Caruso-Cabrera, Corey Johnson, David Weprin, Zach Iscol


    Six leading candidates running in the Democratic primary for New York City Comptroller in the June election appeared at a forum on Tuesday to offer their perspectives on the role of the office, solutions to the city’s uncertain fiscal future, and how they would wield their powers to ensure city government is effective and fiscally responsible. 

    The candidates at the

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  • whats the data point


    What's The [Data] Point? Episode 103 -- 800,000 - New Life for Gateway, with John D. Porcari [You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]

    With President Biden now in office and New York Senator Chuck Schumer as Majority Leader, there is new life for the Gateway Program, a massive set

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  • 4 amazon gov corp

    Governor Cuomo and Mayor de Blasio (photo: Ed Reed/Mayor's Office)


    Governor Andrew Cuomo and Mayor Bill de Blasio have spent many months warning New Yorkers about cratering tax revenues because of the coronavirus pandemic, outlining yawning budget gaps that could force them to make drastic spending cuts to state and city services and lay off thousands of government workers. But while the fiscal future remains uncertain, their worst predictions did not come to pass — revenues were higher than expected and significant federal aid has flowed to New

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  • exe blr ch

    Budget work (photo: Michael Appleton/Mayoral Photography)


    Of the endless forums that are being held in the mayoral primary race, the only one that has specifically focused on the City’s fiscal situation and budget was the one last week held by the Citizens Budget Commission, my former organization. (You can watch it here, or read Gotham Gazette’s detailed summary ...

  • whats the data point


    What's The [Data] Point? Episode 102 -- $5.3 Billion, Mayoral Candidates Discuss the City Fiscal Crisis [You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]

    cbc mayoral forum$5.3 billion is the current estimate of the budget gap the next Mayor will have to close in her/his first year. Ben Max and CBC President Andrew Rein introduce listeners to

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  • announces final exec

    Mayor de Blasio at a budget presentation (photo: Benjamin Kanter/Mayor's Office)


    New York City is facing its worst fiscal crisis in decades, brought on by the coronavirus pandemic, with billions in lost tax revenue and large projected budget gaps in the years ahead. It’s a crisis that the next mayor, likely the winner of the Democratic primary this June, will inherit. At a mayoral forum on Wednesday, eight of the top contenders vying for the Democratic nomination offered their solutions to the city’s budget woes, pitching ideas to fix city

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  • whats the data point


    What's The [Data] Point? Episode 101 -- $7.4 Billion, with EJ McMahon  [You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]

    $7.4 billion is how much New York State personal income tax was paid in 2018 by residents of other states. This revenue stream may be threatened if a lawsuit over taxation of out-of-state telecommuting residents prevails. Today's guest, the Empire Center’s E.J. McMahon, explains why this lawsuit is so important, and also

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  • gov cuomo hq

    Where an Amazon HQ was to be (photo: Kevin P. Coughlin/Governor's Office)


    What's The [Data] Point? Episode 100 -- $4 billion, The Development Discussion [You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]

    As we continue our series on land use, housing, and development in New York City, we were joined by Michelle de la Uz of Fifth Avenue Committee and the City Planning

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  • presents fiscal yr

    Mayor de Blasio at a budget presentation (photo: Ed Reed/Mayoral Photography Office)


    Mayor Bill de Blasio finds himself in a tricky fiscal situation as the city needs to find $1 billion by the end of the month to balance its budget. Federal aid is nowhere in sight, Albany has so far refused to allow the city to borrow the funds, and state budget cuts are also on the horizon. At the end of his rope, the mayor says he may have to lay off 22,000 municipal workers. But that nuclear option may not be necessary, and there are ways de Blasio could achieve the $1 billion goal

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    Mayor de Blasio breaks ground on an affordable housing project in Brooklyn (photo: Demetrius Freeman/Mayor's office)


    New York City’s housing stock has failed to keep pace with job growth over the last decade and most newly created housing continues to be attainable only for higher-income residents. A panel of experts examined those trends, presented in a new report released Wednesday, and the policy choices that led to them, and recommended solutions that the city and state should adopt if they hope to mitigate a housing crisis that has been further

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  • exec blr

    (photo: Edwin J. Torres/ Mayoral Photo Office)


    Despite a full-court press from cities and states across the country, Congress left for August recess without passing joint legislation to provide them with federal financial assistance. This aid is desperately needed by localities, both red and blue, that have suffered dramatic revenue losses due to the shutdown of much of their economies during the pandemic. There is still hope that some amount of aid will eventually be forthcoming, but not in time or in sufficient amount to address the dire needs of New York City and State.

    While

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  • whats the data point


    What's The [Data] Point? Episode 93 -- $88.2 billion, The Fiscal 2021 New York City Budget [You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]

    $88.2 billion is the size of the new New York City budget adopted for Fiscal Year 2021 in a contentious, last-minute vote on June 30 into July 1. After years of economic expansion, this is the first budget Mayor de Blasio and Speaker Johnson negotiated in a recession. CBC's Ana Champeny joined the podcast to discuss why this is

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  • city budget negotiations council de blasio johnson

    The Mayor and City Council discuss the budget (photo: William Alatriste/City Council)


    New York City’s next fiscal year begins Wednesday, July 1, and there is no clear picture of the city’s fiscal future. The fallout from the COVID-19 pandemic has been catastrophic for the city’s economy, gutting revenue streams and necessitating major cuts in planned city government spending, along with tapping into billions of dollars in reserves.

    Mayor Bill de Blasio and the City Council are engaged in intense negotiations as they seek to

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  • whats the data point


    What's The [Data] Point? Episode 92 -- 70  million, with Kathryn Garcia and Cas Holloway [You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]

    ep92 wtdp

    70 million is the number of free meals distributed by New York City government since mid-March, when the COVID-19 pandemic took hold. We spoke to key individuals in the public and private

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  • 6 presents fiscal year

    De Blasio makes a budget presentation (photo: Mayor's Office)


    New York City’s political leadership is staring at major challenges with a new city budget due by the July 1 start of the next fiscal year. Mayor Bill de Blasio and the City Council are facing massive drops in tax revenue given the coronavirus shutdown, and must still craft a balanced budget.

    The mayor has sought a federal “bailout” to replace several billion dollars in lost revenue, but while the Democrat-led House of Representatives passed a massive relief bill the

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  • lebanon hosp res

    The NYPD budget is in the spotlight, but what's in it (photo: Edwin J. Torres/Mayor's Office)


    The daily protests in New York City over police brutality and racism bore fruit this weekend as Mayor Bill de Blasio reversed course, announcing that he would cut police department funding and institute other reforms at the NYPD. The State Legislature also took notice and expedited a long list of police accountability and transparency measures that had languished for years.

    Over the last ten days, as the protests swelled across the city and the NYPD responded

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  • man bx skyline

    New York City building projects are on the chopping block (photo: Michael Appleton/Mayor's Office)


    The coronavirus fallout has created a severe cash crunch for New York City, forcing Mayor Bill de Blasio to slash his proposed operating budget for the next fiscal year by $6 billion, with more cuts likely before adoption. At the same time, the city’s cash flow problems mean that its capital plan, a four-year, $67.2 billion agenda that pays for crucial, long-term infrastructure like schools and roads, will also need modification and could mean some major changes to

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  • covid 19 climate

    Mayor de Blasio aboard the ferry (photo: Benjamin Kanter/Mayoral Photo Office)


    The coronavirus pandemic has led to plummeting ridership across the city’s various transit systems, posing an existential threat to the future of mass transit as the state and the city begin to cut costs and service. Among them, the New York City ferry, a signature initiative of Mayor Bill de Blasio, has seen far fewer commuters and a reduced schedule, but unlike a long list of other programs, the city does not plan to decrease its budget or scrap an expansion that is slated to take place this

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  • de Blasio city budget coronavirus executive

    Mayor de Blasio gives a budget presentation (photo: Ed Reed/Mayor's Office)


    For his first six years in office, Mayor Bill de Blasio enjoyed the fruits of a booming economy and massively increased the size and cost of city government. But this week, he will present his executive budget proposal for the 2021 fiscal year facing a possible $6 billion revenue shortfall, hundreds of millions in cuts and cost shifts from the state, and almost complete uncertainty about the future as the coronavirus outbreak continues with New York

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  • fiscal year prelim

    Mayor de Blasio gives a budget presentation (photo: Michael Appleton/Mayor's Office)


    As Mayor Bill de Blasio desperately searches for solutions to the city’s financial woes caused by the coronavirus outbreak, lawmakers and fiscal watchdogs are advocating for legislation that, had it been approved years ago, would have helped the city better weather just such a storm by allowing it to create a dedicated fund for fiscal emergencies.

    In January, de Blasio had proposed a $95.3 billion budget for the next fiscal year, which begins July 1, that was a more

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  • de Blasio Cuomo budget coronavirus

    Major challenges now & ahead for Mayor & Governor (photo: Rob Bennett/Mayor's Office)


    New York has weathered financial storms before, including after the 2008 recession and the September terror attacks in 2001. But the COVID-19 pandemic threatens to eclipse the scope of both those emergencies. The fiscal impact on the economy is impossible to predict with any certainty but suffice it to say, it will put a major dent in the city’s and state’s budgets for the coming fiscal year.

    In January, Governor Andrew Cuomo ...

  • Cuomo state budget

    Gov. Cuomo & Budget Director Mujica (photo: Governor's Office)


    The New York State Division of the Budget surprised the public this past November with an announcement the State faced a $6.1 billion deficit to close for the 2021 budget due by April 1, 2020. The DOB disclosed in its Mid-Year Update that Medicaid costs were exploding -- dramatically more than anticipated -- in both the budget adopted in April 2019 for the current year (fiscal year 2020), as well as for the next one (FY 2021). The budget agency said the situation demanded immediate cuts to both

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  • fiscal city hall

    Mayor de Blasio presents a budget (photo: Ed Reed/Mayor's Office)


    On January 20, Mayor de Blasio presented his $95.3 billion preliminary budget for the 2021 fiscal year that begins on July 1 as well as updated data on the budget for the current fiscal year. He noted that the Office of Management and Budget (OMB) and city agencies had found enough cost savings to completely offset the “new needs” spending included in the preliminary plan. The

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