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Testimony
Economic Development
Testimony on the Penn Station Area Civic and Land Use Improvement Project
Submitted to Empire State Development
December 08, 2021
Individually and collectively, these projects could contribute to New York’s long-term competitiveness and well-being.
Blog
Transportation
What to Look for in the MTA's November Budget Update
November 16, 2021
The MTA will be releasing its operating budget update Wednesday. Here is what we are looking out for.
Testimony
Transportation
Testimony on the MTA’s Finances and Operations
Testimony before the Senate Standing Committee on Corporations, Authorities and Commissions; and the Senate Standing Committee on Transportation
September 29, 2021
The MTA is facing a long-term structural deficit of approximately $2.7 billion annually, meaning its recurring income from fares, tolls, and other sources will be roughly $2.7 billion less than the recurring expenditures needed to run the system.
Testimony
Transportation
Testimony on Congestion Pricing Implementation
Submitted to the Metropolitan Transportation Authority
September 23, 2021
When the MTA determines the policies and implements congestion pricing, it should follow six recommendations:
Blog
Transportation
Getting the Pricing Right
Six Recommendations for Congestion Pricing
July 28, 2021
As the Traffic Mobility Review Board considers its recommendations and the Triborough Bridge and Tunnel Authority determines the policies and implements the program, they should follow six recommendations
Blog
Transportation
Light, at the Beginning of the Tunnel
What to Look for in the MTA 2021 July Financial Plan
July 20, 2021
While the path to achieving operating savings is hard, it is much preferable to phase in these savings over the next few years than to have massive fare and toll increases, economically damaging service cuts, or significant increases in dedicated taxes and subsidies.
Blog
Economic Development
Complement, Don't Duplicate
Targeting NYC Small Business Recovery Programs
June 21, 2021
It is critically important for the City to identify potential gaps first by determining which businesses are eligible for which existing programs and whether those programs reasonably meet their needs.
Blog
Transportation
What to Look for in the February Update to the MTA’s Financial Plan
February 17, 2021
Further actions will be needed to stabilize the MTA’s finances in the long term.
Testimony
Transportation
Testimony on the MTA’s Access-A-Ride Program
December 18, 2019
The City should work with the MTA to assure that Access-A-Ride will achieve firm financial footing while providing a cost-effective and efficient service.
Testimony
Transportation
Testimony on Metropolitan Transportation Authority’s 2020-2024 Capital
November 25, 2019
CBC’s longstanding position is that MTA capital investments must first emphasize state of good repair and routine replacement before projects to expand the system or provide enhanced amenities.
Testimony
Economic Development
Testimony on Industrial Development Agencies and Local Development Corporations
November 22, 2019
CBC has long advocated for increasing accountability and improving the performance of all entities engaged in economic development spending.
Testimony
Transportation
Testimony on the Metropolitan Transportation Authority’s 2020-2024 Capital Program
November 12, 2019
The plan’s sheer size renders it impossible to determine what investments should and will happen in the next five years
Blog
State Budget
Truth in (Financial Plan) Reporting
Will New York State’s Mid-Year Financial Plan Update Appropriately Reflect and Address the Medicaid Budget Shortfall?
November 05, 2019
The State must recognize actual and timely payments for the Medicaid program and explain how it will address the estimated $9 billion Medicaid budget shortfall.
Blog
Transportation
NYC Ferry Comparative Analysis
October 07, 2019
Among large urban ferry systems, NYC Ferry's subsidy is second highest.
Blog
Public Workforce
The High Cost of the MTA’s New Police Officers
September 25, 2019
The MTA has committed to hiring 500 new police officers to address quality of life concerns, but it is necessary to understand this strategy comes at a cost.
Special Feature
Transportation
MTA Fiscal Dashboard
August 31, 2019
Explore the MTA Financial Plan with our Dashboard - Updated August 2019
Blog
Transportation
Watch the (MTA Budget) Gap!
Operating Budget Is Worse Than It Appears
August 07, 2019
The MTA's 2020 Preliminary Budget and four-year financial plan reveals an alarming fiscal outlook.
Special Feature
Transportation
Facts About The MTA
July 17, 2019
This infographic presents a snapshot of NYC Transit's operating expenses, on-time performance, ridership, 5-year capital plans and facts about Central Business District tolling.
Blog
Economic Development
Governor Cuomo Should Veto 3 Economic Development Bills
2019 Economic Development Scorecard
July 09, 2019
Three bills to create new economic development programs or expand existing programs passed both houses during the 2019 legislative session. The Governor should veto all three bills.
Blog
Economic Development
6 New Bills Added to Economic Development Scorecard
June 06, 2019
Dozens of bills to expand existing economic development programs and create new ones have been introduced during the legislative session.