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Blog
Transportation
MTA’s New Capital Plan Not on Track with Need for Better Service
June 15, 2017
The MTA's revised capital plan adds $2.8 billion investments, but the new money and other changes are not wholly aligned with what is needed to get the trains running on time
Blog
Transportation
Five Noteworthy Changes in the MTA's Financial Plan
March 15, 2017
The MTA's modified financial plan include 5 noteworthy changes which have the combined impact of slightly worsening the agency’s fiscal outlook.
Letter
Capital Spending
CBC Urges Governor to Sign S199B/A4010B to Improve Capital Planning
A Letter to the Governor
December 13, 2021
CBC recommends that you sign S199B/A4010B, which would improve capital planning and reporting for transportation infrastructure in New York State.
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
Capital Spending
Testimony On Ten-Year Capital Strategy and Capital Budget
Delivered to NY City Council Committee on Finance
May 18, 2015
The Mayor's Ten-Year Capital Strategy totals $83.8 billion- a $30 billion increase from the prior plan. CBC has two main concerns about the Strategy: there is insufficient information available to judge the investments, and the investments will add to the City’s high debt burden.
Testimony
Housing
Testimony on NYCHA’s Capital Spending of City Funds
Submitted to the City Council Committee on Public Housing and Subcommittee on Capital Budget
November 18, 2021
I will focus on two topics: first, how additional City capital funding and new policy approaches are helping to address NYCHA’s capital needs, and second, the process and procurement reforms needed to ensure that NYCHA spends all—not just City—capital dollars effectively and efficiently.
Blog
Transportation
More Than Enough Problems
The MTA 2018 Final Proposed Budget and Four-year Financial Plan
November 27, 2017
There are unanswered questions about the MTA's 2018 budget and $1.5 billion Subway Action Plan.
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.
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.
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.
Letter
Transportation
Letter to MTA on Fare and Toll Increases
January 23, 2017
The MTA Board should continue the policy of regular and predictable fare increases.
Blog
Transportation
Who Pays When “The City” Gives Money to the MTA?
May 05, 2015
Calls for “the City” to provide more funding should be clear about who is really being asked to foot the bill: New York City taxpayers already provide most of the MTA's revenue through the combination of local, regional, and state taxes.
Blog
Housing
Mapping the Mayor's Housing Plan
An Update
September 18, 2017
Following the release of data on fiscal year 2017 fourth quarter housing starts, the CBC has updated its map of housing developments created or preserved under New York City’s Housing New York Plan.
Blog
Pensions & Benefits
A More Flexible Pension Plan
January 25, 2012
Part of Governor Andrew Cuomo’s “Tier VI” proposal to make pension benefits for public employees of New York’s State and local government more affordable and sustainable over the long term is an optional 401(k)-style plan, already used widely in the private sector and becoming more common in the public sector.
Blog
Housing
$1.9 Billion More For Affordable Housing, But Plan Lacks Specifics
June 30, 2017
City documents offer few details on how the new funding will be used to enhance different levels of affordability.
Letter
Transportation
Groups Urge Governor to Sign the MTA Open Data Act
A Letter to the Governor
October 14, 2021
The legislation is a common-sense step to increase transparency and improve efficiency at the largest state public authority.
Testimony
City Budget
Testimony on Oversight of Changes to Municipal Retirees’ Health Care Plan
Testimony before the City Council Committee on Civil Service and Labor
October 28, 2021
This agreement starts right and then veers off course to miss the finish line because the resulting savings do not flow to the City’s bottom line.
Testimony
Transportation
Improving the New York City Subway System
Submitted to the NYC Council Committee on Transportation
August 08, 2017
System enhancements have often been prioritized over capital improvements of the MTA's infrastructure. The sensible and ambitious turnaround plan should be funded by motorists and increased labor productivity.
Testimony
Housing
Testimony on the Mayor's Housing Proposals
Submitted to the City Planning Commission
December 17, 2015
Options for increasing the efficient use of land, reducing construction costs, and effectively using cross-subsidies should be explored to maximize the amount of affordable housing that can be produced.
Blog
Transportation
Getting the Facts Straight on Metropolitan Transportation Authority Fare Ratios
November 25, 2012
The blog describes the different ways of calculating MTA fare ratios and of comparing the MTA ratios to those of other systems.