Citizens Budget Commission

25.4K posts

Citizens Budget Commission banner
Citizens Budget Commission

Citizens Budget Commission

@cbcny

New York's nonprofit, non-partisan voice for effective government. See our work at https://t.co/frfAPn0h0I.

New York, USA Katılım Mart 2011
1.6K Takip Edilen5.2K Takipçiler
Citizens Budget Commission
Citizens Budget Commission@cbcny·
“NYC cannot voucher its way out of homelessness crisis…Not only is the program fiscally unsustainable, but even as the number of city-funded vouchers has more than tripled, number of households in shelters hasn’t shrunken. In fact, excluding migrants and asylum-seekers, it has increased by 21.5%.” CBC’s @AnaChampeny on CityFHEPS in @CityAndStateNY cityandstateny.com/policy/2026/03…
English
0
0
1
273
Citizens Budget Commission
Citizens Budget Commission@cbcny·
CityFHEPS is a runaway train, with costs tripling in three years without shrinking shelter pop. By capping vouchers at current levels, City could save $330M next yr, $3B over 5 yrs—without taking away a single voucher from current recipients. Read our Council testimony here: cbcny.org/advocacy/cityf…
English
1
1
2
413
Citizens Budget Commission retweetledi
Open New York
Open New York@OpenNYForAll·
Because SEQRA presumes that all new multifamily housing may pose a "significant adverse environmental impact", this project is required to undergo a lengthy environmental review. This review adds cost and time to new apartments, increasing costs by 10% ($40-80k), per @CBCNY.
English
1
4
131
4.1K
Citizens Budget Commission retweetledi
Ana Champeny
Ana Champeny@AnaChampeny·
My new report on the City Prelim recommends the City increase the FY2027 General Reserve at $1B. And goes without says, do not use the rainy day fund or the retiree health benefits trust. cbcny.org/research/false…
Ana Champeny tweet media
English
0
1
1
415
Citizens Budget Commission
Citizens Budget Commission@cbcny·
CLCPAs 2030 goal is like a new runner saying they're going to run a 5 min mile. Nice sounding but useless. An 8 minute mile? There's a training program for that. Set ambitious but achievable goals & design programs to meet them. @GovKathyHochul on the right track here.
Jon Campbell@JonCampbellNY

Gov. Hochul, speaking with @NickReisman at a Politico event, is going off on NY's 2019 climate law, which she's looking to roll back. "I need more time," Hochul said, suggesting she's looking to push back the state's 2030 (and perhaps 2050?) emissions goals.

English
0
1
1
368
Citizens Budget Commission
Citizens Budget Commission@cbcny·
CBC agrees. Smart choice for NYC's budget gap: restrain spending and protect reserves. Scrutinize large programs, cut waste, improve efficiency—so essential services stay affordable long-term.
Morgan McKay@morganfmckay

Council Finance Chair @CMLindaLee kicking off the first city budget hearing - says the city must find ways to fill the budget gap by making cuts/finding savings “before resorting to raiding our savings and raising the property taxes.”

English
0
0
1
380
Citizens Budget Commission
Citizens Budget Commission@cbcny·
Ultimately, it’s all about finding smart savings. Relief from class size mandate, ($1B) and adjusting school funding for declining enrollment ($400m), consolidating union welfare funds ($200M), holding steady on FHEPS ($330m) there’s more, it all counts.
English
0
0
1
59
Citizens Budget Commission
Citizens Budget Commission@cbcny·
Could the State bail out the City? Perhaps. But it has its own fiscal health to consider. Bridge aid—conditioned on a City plan to become fiscally sustainable & effective—could be merited.
English
1
0
0
70
Citizens Budget Commission
Citizens Budget Commission@cbcny·
Mayor Mamdani’s willingness to account for real spending means we can get a real look under the hood of the prelim budget. Knowing the problem is a precursor to a solution, but the diagnosis isn’t great: NYC's budget has ballooned $16B beyond inflation and past the revenue supporting it. We break it down here 🧵 cbcny.org/research/false…
English
1
2
2
222

Keşfet

@seancampion @AnaChampeny @CityAndStateNY @andrewsrein @NY1 @bern_hogan @THECITYNY @GregDavidonNY