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Video
Capital Spending
Liu Unveils Plan to Accelerate Capital Projects
NY1
May 09, 2012
Director of City Studies Maria Doulis opines on Comptroller's Liu's proposal to borrow money today to accelerate capital investment.
Press Release
CBC News
CBC Releases "What to Look for in the MTA’s November 2023 Financial Plan"
November 27, 2023
The MTA is expected to release its November 2023 Financial Plan shortly. The overall budget outlook is positive. Still, caution is warranted.
Press Release
CBC News
CBC Submits "Testimony on Congestion Pricing and the MTA's Fiscal Health
August 17, 2023
Congestion pricing revenues will provide critical funding for one-quarter of the MTA's 2020-2024 Capital Plan—resources that are essential to ensure progress toward a state of good repair for the region's transit system.
Report
Transportation
Refunding the MTA's Debt
The Importance of Getting it Right
May 06, 2012
This brief examines the Metropolitan Transportation Authority's (MTA) large-scale refunding of outstandingdebt. It focuses on a refunding that saves money and spreads debt service costs fairly over time and does not juggle the timing of debt service costs in a manner places unfair costs on riders and taxpayers in the more
distant future.
Press Release
CBC News
CBC Releases "Needs and Wants: What to Look for in the MTA's Twenty-Year Needs Assessment"
September 21, 2023
CBC's new report recommends five ways the MTA can ensure its upcoming Twenty-Year Needs Assessment (TYNA) includes the information that the public, policymakers, and MTA leadership need.
Press Release
CBC News
CBC Releases "Stabilized, for Now: The MTA's Operating Budget's Long-Run Outlook"
July 17, 2023
The MTA still has a long-run structural gap—$900 million—that will reemerge in 2029.
Blog
State Budget
The Rational Funding Plan for SUNY and CUNY Should Be Extended
March 21, 2016
Why reauthorizing a rational funding plan for the State University of New York (SUNY) and the City University of New York (CUNY) to raise tuition makes sense.
Statement
State Budget
Statement on the NYS Fiscal Year 2024 Enacted Budget Financial Plan
June 12, 2023
NYS's Enacted Budget Financial Plan reveals that the State’s future budget gaps have doubled to $9.1 billion just next year and $13.4 billion in fiscal year 2027.
Press Release
CBC News
CBC Releases "7 Facts about the Adams Administration’s Prior Savings Plans"
April 12, 2023
When Mayor Eric Adams’ Administration directed City agencies to implement a PEG (Program to Eliminate the Gap) last week, many were concerned about the potential service impact since the Administration had already implemented three savings plans.
Letter
State Budget
Groups Urge State to Release a Specific Plan for Closing FY 2020-2021 Budget Gap
September 23, 2020
We write to urge you to release a specific and detailed plan for closing New York State’s fiscal year 2020-2021 $9 billion budget gap.
Press Release
CBC News
CBC Releases "What to Look for in the New York City November 2023 Financial Plan"
November 14, 2023
CBC’s What to Look For finds that fiscal year 2024 now has a budget gap of $839 million.
Statement
State Budget
Statement on New York State’s Mid-Year Update to the Fiscal Year 2024 Financial Plan
October 30, 2023
While the Midyear Update clearly includes some good news, the State is still far from out of the woods.
Report
State Budget
Making Hay While the Sun Shines
A Plan to Strengthen New York State’s Rainy Day Fund
June 28, 2023
Today we are left playing catchup with the threats of storm clouds looming on the horizon.
Report
State Budget
The Mid-Year Check-in
Six Takeaways from the NYS Financial Plan Update and Quick Start Budget Report
November 20, 2023
The fiscal news of the last three weeks makes one thing clear: This year’s budget process will be unlike those of recent years.
Press Release
CBC News
CBC Submits Public Comment on Proposed Changes to the Metropolitan Transportation Authority’s Fares and Tolls
June 22, 2023
While the State rescue plan provides significant resources, it does not solve the MTA’s operating budget problem.
Blog
Transportation
Agency Focus: NYS DOT
Budget Analysis
September 28, 2014
Two major challenges face the New York State Department of Transportation: undertaking a comprehensive needs assessment and identifying resources needed to implement a capital plan.
Press Release
CBC News
Twenty Watchdogs Ask Governor’s Budget Office For Transparency About State Funds Being Withheld and Advanced as Emergency Adjustments to Budget
December 22, 2020
Public Does Not Currently Know How Much State Funding is Being Withheld From Individual Agencies Such as MTA, or By Program
Video
State Budget
Conversation with NYS Director of Operations and Infrastructure Kathryn Garcia
A CBC Event
May 03, 2023
Kathryn Garcia serves as Director of State Operations and Infrastructure, where she oversees over 70 state agencies and authorities, including the MTA and Port Authority.
Blog
State Budget
Pluses Outweigh Minuses in Responsible, On-Time NYS Budget
April 03, 2012
What gets a thumbs up or a thumbs down in the Enacted State Budget for FY2013?
Video
CBC News
CBCNY to New York State: "Delaying Budget Cuts Will Only Create More Problems"
Spectrum News
August 18, 2020
David Friedfel, the director of State Studies for the Citizens Budget Commission (CBCNY), told Capital Tonight host Susan Arbetter that the longer the state waits to make cuts to the budget, the more painful those decisions will become.