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Testimony
Capital Spending
Testimony On Ten-Year Capital Strategy and Capital Budget
Delivered to NY City Council Committee on Finance
May 18, 2015
The Mayor's Ten-Year Capital Strategy totals $83.8 billion- a $30 billion increase from the prior plan. CBC has two main concerns about the Strategy: there is insufficient information available to judge the investments, and the investments will add to the City’s high debt burden.
Op Ed
Transportation
To Fund The Subways, Charge Drivers More
And A Vehicle-Miles-Traveled Tax Should Be Part Of The Equation
April 02, 2015
The Metropolitan Transportation Authority needs about $32 billion over the next five years to repair, replace and improve its facilities, notably the vast and essential mass transit system. It only has about $13 billion. The $19 billion hole requires a new way of thinking about how we fund mass transit.
Letter
State Budget
Recommendations on the FY 2016 Executive Budget
February 25, 2015
CBC's recommendations to the State legislature cover six proposals that deserve support, three proposals that should be improved, and three proposals that should be rejected.
Op Ed
Transportation
Port Authority's Brooklyn Port Facilities Should Be Reimagined
February 02, 2015
The port of New York-New Jersey is the largest container port on the East Coast. It's publicly owned by the Port Authority of New York and New Jersey, and it consistently loses money ($82 million in 2013).
Op Ed
State Budget
Ten Key Takeaways from Governor Cuomo's Executive Budget
January 28, 2015
Last week, Citizens Budget Commission listed the Top Ten Things to Look for in the NYS 2016 Budget. Here is how they fared in the Executive Budget Proposal outlined by Governor Cuomo on January 21.
Op Ed
Transportation
This is a Smart, Fair Fare Hike
December 16, 2007
This op-ed expresses support for an MTA fare hike. MTA riders are best served by a transit system that is affordable as well as reliable, safe and accessible. Freezing fares may be politically attractive, but it would do a disservice to riders by hurting service and threatening the MTA's future.
Op Ed
State Budget
An Easy Trim
December 15, 2007
This op-ed states that if State leaders want to avoid tax increases in what is already one of the most heavily taxed states in the nation, they will need to find savings of about $6 billion to $7 billion per year over the next three years.