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Statement
Transportation
Statement on the MTA’s 2021 Final Proposed Budget and November Financial Plan for 2021-2024
November 18, 2020
Today’s financial plan update lays bare the MTA’s dire fiscal situation.
Op Ed
Transportation
The MTA's Closely Guarded Secret
New Yorkers should be told how much it would cost to fix the entire transit system
December 19, 2017
At next month’s State of the State address, Gov. Andrew Cuomo is expected to unveil a congestion-pricing proposal that would generate a dedicated funding stream for the Metropolitan Transportation Authority.
Statement
Transportation
Statement on MTA's Labor Deal With the TWU
January 17, 2017
CBC's take on the MTA-TWU deal negotiated in January 2017.
Statement
Transportation
Statement on the Mayor’s Proposal to Raise Revenue for the MTA
through an Increase in the NYC Personal Income Tax
August 07, 2017
Mayor de Blasio’s proposal to raise the top rate on the personal income tax is not an appropriate way to raise funds.
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
Op Ed
Transportation
Make the MetroCard a gateway to opportunity, not a barrier
Transit should be half-price for the working poor
January 08, 2017
Half-priced metrocards for low-income adults should be paid for by the City, not the MTA. The City already supports reduced fares for the elderly and disabled.
Op Ed
Transportation
Funding Fares Should Be the City's Responsiblity
April 02, 2017
If the mayor supports the policy, it should be a priority that is accommodated within the city’s financial plan.
Statement
State Budget
Statement on the NYS Executive Budget for FY 2021
January 22, 2020
As details of the Governor’s plan are examined over the coming weeks and months, CBC will release additional analysis and commentary.
Op Ed
Transportation
Shared sacrifice to save the subways
It's not just the mayor and governor; transit workers and motorists must chip in, too
July 28, 2017
Neither the “city” nor the “state” is a person with a bank account: it is taxpayers who are being called upon to foot the bill. Motorists and workers should also share the burden.
Press Release
State Budget
CBC Releases Strategy for Closing NYS Budget Gap
May 22, 2020
CBC released a report outlining the hard choices NYS leaders should make to close the FY 2021 budget gap.
Press Release
Capital Spending
CBC Issues Report Estimating Mario M. Cuomo Bridge Toll Will Double
October 13, 2017
In order to fully fund the cost of construction, CBC estimates that the toll will need to increase to approximately $10.
Press Release
Capital Spending
CBC Issues Report Estimating Mario M. Cuomo Bridge Toll Will Double
October 13, 2017
In order to fully fund the cost of construction, CBC estimates that the toll will need to increase to approximately $10.
Statement
State Budget
Statement on the NYS FY2018 Adopted Budget
April 10, 2017
Despite fears of substantial cuts in federal aid, the nine-day tardy adopted budget includes excessive spending without needed reforms.
Op Ed
Taxes
Don’t Bring Back the Stock Transfer Tax
City & State
October 23, 2020
It could drive business out of New York and won’t live up to revenue projections.
Statement
City Budget
CBC Statement on City’s Land Use Process
August 18, 2020
CBC is increasingly concerned that at times the City’s land use process serves as an impediment to proposals needed to spur growth.
Op Ed
State Budget
Better ways to balance state budget than stock transfer tax
Letter to the Editor
July 06, 2020
The state has other options to balance its budget.
Statement
State Budget
Statement on the Medicaid Redesign Team Recommendations
March 19, 2020
The MRT had a difficult task to do with little time, and deserves credit for soliciting public feedback, considering hundreds of proposals, and rising to the challenge of proposing significant reforms and savings without recommending tax increases.
Press Release
Pensions & Benefits
CBC Issues Report Detailing The Unsustainable And Growing Burden Of New York City's Other Post-Employment Benefit Debt
October 25, 2017
NYC's Other Post-Employment Benefits (OPEB) amounts to $95 billion. New policies should be implemented to reduce the financial burden on future generations.
Press Release
Economic Development
CBC Report On BIDs Calls For Increased Oversight And Transparency
November 02, 2017
CBC examined the process for setting assessment fees, their uses, and the city’s oversight of BIDs, and recommends increased public review and performance evaluation.
Statement
State Budget
CBC Urges State Leaders to Adopt a "Bare Bones" Budget That Supports Pandemic Response
March 17, 2020
A world pandemic has created unprecedented dangers and hardships in New York State and New York City.