New York's nonprofit, non-partisan voice for effective government. See our work at cbcny.org.
Joined March 2011
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Jun 12
“Building new space for a school system that is shrinking in enrollment in a city that faces fiscal challenges is not the right approach, and it is not an effective use of our scarce resources,” CBC’s @AnaChampeny tells @ByJessicaGould @Gothamist
gothamist.com/news/nyc-plans…
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Jun 12
“Structural gap is now nearly $18B…That’s a real fiscal risk to NYS – and vulnerable NYers who rely on its services – bcs it could drive serious service cuts in future even w/out a recession.”
- CBC’s @andrewsrein in @CityAndStateNY via @_rebeccaclewis
cityandstateny.com/policy/20…
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Jun 11
CBC President @andrewsrein released this statement on the NYS FY27 Enacted Budget Financial Plan:
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Jun 11
As seen in @VitalCityNYC: If New York State and City had same share of millionaires in 2022 as in 2010, NYS would've received $10.7B more in PIT revenue, and NYC $2.5B more. More millionaires mean more PIT revenue.
vitalcitynyc.org/nyc-economy…
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Jun 11
Today, CBC President @andrewsrein testifies before NYC's Commission on Government Efficiency with 4 Charter revision proposals—from resident feedback surveys to performance management systems to Rainy Day Fund rules.
Full testimony: bit.ly/4v45gF1
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Jun 10
Worth a read! @CrainsNewYork's @jackeryg reports on the City's realistic fiscal picture.
crainsnewyork.com/politics-p…
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Did Mamdani slash headcount? No. The budget actually increases headcount by 869 full-time positions. The elimination of 2,268 vacancies is offset by 3,137 new positions.
How did he do it?
bit.ly/3QpltWp
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How did Mamdani balance the budget? Well. ~2/3s of the budget balancing actions do nothing to stabilize the budget long term: $5B in one-shots, $2.8B in class size reduction delays & pension stretch-out = tomorrow’s problems as big as today’s.
bit.ly/3QpltWp
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AM READ: @amNewYork's @AdamDalyNews on NYC's fiscal picture. CBC, @NYCComptroller flag same concern: a balanced budget isn't the same as a sustainable one. Smooth sailing depends on continued strong revenue, must add to rainy day fund.
Jun 9
Two of New York City's top fiscal watchdogs are set to warn the City Council Tuesday that Mayor Zohran Mamdani's first budget relies so heavily on one-time measures and accounting maneuvers that the city's structural deficit is only getting worse. amny.com/politics/budget-wat…
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OMB testifies today.
New CBC research digs into how exactly Mamdani balanced this year’s budget. Was it unprecedented? Does it solve the fiscal pickle NYC’s in?
Short answer: A few smart choices, but NYC still faces the same fiscal bind. Dig in here: bit.ly/3QpltWp
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Hot policy topic alert!
@FurmanCenterNYU’s panel on NYC property tax reform is today at 9:30AM, and CBC’s @AnaChampeny is on it! Rent-stabilized buildings, multifamily housing, and what reform could mean for NYC.
furmancenter.org/event/the-i…
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Fun fact: Raising the eligibility threshold of Fair Fares NYC to 250% of FPL would cover households with 2 members who work full-time and earn approx 20% more than min wage.
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Pre-1974 100% stabilized buildings are already distressed: poor physical conditions, expenses growing faster than rents = landlords wind up cutting maintenance to eek out profit. Bad combo for city's vitality. Market rate bdgs might weather a rent freeze, stabilized buildings can't.
N.Y.C. Rent Freeze Wouldn’t Spell Doom for Most Landlords, Report Says: nytimes.com/2026/06/03/nyreg…
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Reminder: New Yorkers’ auto insurance premiums are among the highest—if not the highest—in the country; they paid $24 billion in auto insurance premiums in 2024.
thecentersquare.com/opinion/…
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At 150% of fed poverty level, a single NYer earns about $23,000 a year. That's who currently qualifies for Fair Fares. We say raise the threshold to 250%—covering workers who commute every day but still can't easily afford the fare.
amny.com/news/fair-fares-ibo…
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“Glad to see NYCHA centered in affordable housing plan, which we have supported for nearly a decade...[plan] will deliver for NYCHA residents by maximizing PACT, Preservation Trust, and new infill dev—the most viable strategies to swiftly repair & rebuild."—CBC's @andrewsrein in @NYAmNews
amsterdamnews.com/news/2026/…
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World Cup. Knicks in the finals. NY subway/buses are having a moment. Make sure every New Yorker can afford to be on it. Expand Fair Fares to 250% FPL. ⚽️🏀🚅🚌
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Increasing Fair Fares to 250% of Fed Poverty Level is $ worth spending. Here’s why:
cbcny.org/research/more-aboa…
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