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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.
Statement
Transportation
Statement on the MTA's 2020 Final Proposed Budget and November 2020-2023 Financial Plan
November 14, 2019
Statement by CBC President Andrew S. Rein on the MTA 2020 Final Proposed Budget and November 2020-2023 Financial Plan.
Blog
City Budget
Less Spending, More Saving
Benchmarks to Assess the NYC Financial Plan
November 13, 2019
Four things the upcoming budget should do to put the city on better financial footing.
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
Statement
City Budget
Statement from CBC Praising Historic Vote to Protect New York City's Finances
November 06, 2019
New Yorkers approve charter amendment to create a Rainy Day Fund
Op Ed
City Budget
Vote yes on a rainy day fund for New York City
New York Daily News
October 21, 2019
When New Yorkers head to the polls to vote, they will find five important ballot proposals, but one in particular is worth supporting because it would make an important change to how the city manages its budget.
Blog
Public Workforce
Four Facts about New York City Full-Time Employees
October 17, 2019
Here are four facts about full-time NYC employees in fiscal year 2019.
Statement
City Budget
CBC Urges New Yorkers to Vote Yes on Ballot Question #4
October 15, 2019
CBC President Andrew Rein issued this statement on the 2019 New York City Charter Revision Commission’s Ballot Question 4 on the New York City Budge
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.
Statement
Transportation
Statement on the MTA's Proposed 2020-2024 Capital Plan
September 16, 2019
The MTA should answer three significant questions when it releases the full 2020-2024 Capital Plan.
Blog
Taxes
Personal Income Tax Revenues in New York State and City
August 13, 2019
PIT revenues are a significant - and volatile - part of State and City budgets.
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.
Blog
City Budget
When the Smoke Clears
Despite Continued Economic Strength, NYC Spent More Than It Received in 2019
June 30, 2019
The City’s spending obligations in fiscal year 2019 were $255 million greater than the revenues collected. How is this possible when State law and the City Charter require balanced budgets?
Testimony
City Budget
Testimony on Intro 1574 to Establish Commercial Waste Zones in New York City
June 27, 2019
Establishing commercial waste zones can increase efficiency in collection, achieve substantial VMT reduction, and reduce the negative externalities.
Statement
City Budget
Statement on the NYC Fiscal Year 2020 Adopted Budget
June 14, 2019
The FY 2020 Adopted Budget agreement increases savings and reserves; unfortunately, new spending commitments are greater than deposits to the City’s reserves.
Op Ed
City Budget
The Rainy Day Fund New York Needs
The Gotham Gazette
June 10, 2019
Most New Yorkers are unaware they will have the opportunity this fall to vote to dramatically change their city government.
Blog
Capital Spending
Don’t Pass the Capital Pork
June 07, 2019
Like most other spending decisions, capital spending is best decided during budget negotiations.
Op Ed
City Budget
What de Blasio, City Council should do with $800 million
Crain’s New York Business
May 22, 2019
While de Blasio and Council Speaker Corey Johnson have both stressed the importance of preparing for an eventual economic downturn, the mayor's proposal falls short of what's needed.