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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.
Blog
Capital Spending
An Update on Port Authority Budget Reform
July 22, 2014
How far has the Port Authority come on improving its budget process, long-term financial viability, and accountability to the public?
Report
Economic Development
Tax Increment Financing: A Primer
December 05, 2017
This report provides an overview of TIF and a five-point checklist drawn from lessons learned from past projects to help identify potential TIF projects.
Blog
Pensions & Benefits
LIRR Pension Fraud Could Happen Again
August 04, 2014
Summarizes findings from a GAO report indicating the federal agency administering disability pensions for those workers had not done enough to prevent a repeat of a widespread fraud scheme by LIRR employees uncovered in 2008.
Letter
State Budget
Recommendations on the FY 2017 Executive Budget
February 25, 2016
CBC offers recommendations for legislative action on the Governor’s Executive Budget for fiscal year 2017. The recommendations cover four proposals that deserve support, five proposals that should be modified, and four proposals that should be rejected.
Video
Transportation
Port Authority Panel on Reform and Oversight
A Panel Discussion
April 22, 2014
Experts discuss how to reform the Port Authority.
Blog
Transportation
At PATH a Higher Fare is a Fairer Fare
September 29, 2014
On October 1, 2014, the single-ride fare for the Port Authority Trans-Hudson (PATH)—the rail system connecting Newark, Harrison, Jersey City, and Hoboken to Midtown and Lower Manhattan—will increase by 25 cents. Many riders will complain, but the simple truth is that the higher fare is a fairer fare.
Blog
State Budget
Heading the Wrong Way on the Thruway
March 23, 2016
Governor Andrew Cuomo proposal to provide nearly $2.3 billion of State funds from bank settlements to subsidize the New York State Thruway Authority would reverse a long-standing practice of funding the Authority from toll revenue and would put New York taxpayers on a course for financing road and bridge infrastructure that makes little economic or fiscal sense.
Blog
Economic Development
End the Empire Zones Program and Adopt Excelsior
March 24, 2010
Explains why Empire Zones were ineffective and argues in favor of the improved features of Excelsior tax credits.
Blog
Capital Spending
Design-Build Contracting
A Way to Fix More Bridges for Less Money
February 17, 2016
State legislators should enable New York City to benefit from design-build contracting: if it realized savings on par with the State’s experience, the City could save $2 billion over 10 years.
Video
Economic Development
Conversation with Hope Knight, ESD President, CEO & Commissioner
A CBC Event
June 15, 2023
At Empire State Development Commissioner Knight is dedicated to policies that advance sustainable and inclusive economic growth.
Report
Economic Development
11 Billion Reasons to Rethink
New York's Increasing Economic Development Spending
July 20, 2023
Despite improved disclosure about individual projects, State and local economic development spending continues to increase without sufficient evidence that these programs cost-effectively create jobs or are more beneficial than alternative uses of the funds.
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.
Testimony
Economic Development
On Economic Development Proposals in the NYS Executive Budget for FY2018
Submitted to the Joint Legislative Conference on Economic Development
January 31, 2017
The growth of economic development costs should be halted until the effectiveness is demonstrated through standardized performance measures and transparent reporting.
Video
Capital Spending
The Trouble with Megaprojects
Tony Guida's NY: Maria Doulis
June 01, 2016
Tony Guida sits down with the CBC's Vice President, Maria Doulis, to discuss why New York City's mega-projects run over budget and how the public sector can build better.
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.
Video
Capital Spending
Modernization of New York's Built Environment: If Not Now, When?
How NY's Procurement Laws Hinder Effective Project Delivery
November 12, 2014
Video of a panel discussion examining the hindrances of NY's procurement rules and detailing how alternative" service delivery methodologies contributed to the success of both public and private projects in NY.
Report
Economic Development
New York City's Competitiveness in Attracting Talent
2016 Scorecard
September 28, 2016
How does the New York City metro area compare to other large cities in the competition for a talented workforce? Affordability and commute times remain challenges.
Report
Economic Development
Increasing Without Evidence
NYS Economic Development Spending Update
September 26, 2016
This report tracks growth in NYS' economic development programs between 2010 and 2014. Little progress has been made on improving transparency and demonstrating effectiveness.
Blog
Capital Spending
Agency Focus: DASNY
Budget Analysis
August 01, 2016
The Dormitory Authority of the State of New York (DASNY) manages construction of buildings and provides low-cost financing for public and nonprofit institutions.