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Think tank offers five locally controlled revenue ideas as New York City faces multibillion-dollar shortfall
Summary
The Center for an Urban Future report outlines five city-controlled revenue proposals — from modestly expanding metered curb parking to impact fees for autonomous vehicles, CUNY land leases for housing, battery storage on city sites, and expanded park concessions — as officials weigh budget options while awaiting the state budget.
The city faces a multibillion-dollar budget gap, and a new report from the Center for an Urban Future proposes five revenue strategies the city can implement mostly within its own authority to raise funds and address other policy needs.
Eli Dvorkin, the think tank's editorial policy director, told BronxNet the package includes expanding paid curbside parking, charging impact fees for autonomous-vehicle operators, leasing underused CUNY parcels for housing, placing battery storage on city-owned sites, and growing concessions in parks. He said the proposals aim to raise recurring revenue and to address…
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