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Press Release
CBC News
CBC Releases "Setting the Right Ceiling: Rethinking the City’s Debt Limits and Capital Process"
April 03, 2024
CBC recommends the State reject the arbitrary, lump sum debt limit expansions the City and Executive Budget proposed, and adopt a more analytically grounded, sustainable approach.
Press Release
CBC News
CBC Publishes Op-Ed "How to Fix the MTA’s Huge Budget Deficit"
November 22, 2022
Crain’s New York Business recently published an op-ed CBC President Andrew Rein about how the MTA should solve its $2.5 billion structural operating budget deficit.
Letter
Transportation
CBC Encourages MTA to Link Fares to Operating Expenses; Explore Peak Pricing
September 30, 2010
The CBC seeks to stress two points: 1) the fare increases to be approved for January 2011 and proposed for January 2013 should move toward establishing a long-term policy to cover half of operating expenses with fare revenue, and 2) the MTA should explore the feasibility of incorporating the practice of “peak pricing" for subways and buses.
Press Release
CBC News
CBC Releases Late Addition
$1.6 billion in Capital Pork Served Up
July 20, 2022
CBC's new blog, "Late Addition: $1.6 billion of Capital Pork Served Up" shows that the agreement also included servings of capital 'pork' added in the final days of negotiations.
Press Release
CBC News
CBC Releases Testimony on Adams Administration’s Housing our Neighbors Plan
July 01, 2022
Today, CBC will testify before the City Council’s Committee on Housing and Buildings on Mayor Eric Adams’ new housing plan.
Letter
City Budget
Testimony Follow up: Letter to the Charter Revision Commission
Borough President Capital Budget Role
March 26, 2019
CBC's proposal to focus the Borough President capital budget role on identifying needs and providing recommendations.
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.
Press Release
CBC News
Twenty Groups Urge MTA Board to Promptly Appoint Traffic Mobility Review Board and Ensure it Follows Open Meetings Law
November 15, 2019
Twenty groups representing rider, watchdog and industry groups today sent a letter to the MTA Board urging it to promptly appoint the Traffic Mobility Review Board (TMRB) and ensure that body follows the state Open Meetings Law (OML).
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.
Press Release
CBC News
CBC Releases What to Look For in the MTA's November 2022 Budget Update
November 21, 2022
Seven key questions to understand the transit system’s budget gap and risks.
Podcast episode
City Budget
$32.5 Billion, with Janno Lieber
July 06, 2017
This week's data point is $32.5 billion - the value of Metropolitan Transportation Authority's (MTA's) capital plan for 2015 to 2019. Special guest MTA Chief Development Officer Janno Lieber discusses the MTA's capital priorities and how the authority can improve management of its mega-projects.
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.
Press Release
Transportation
CBC Releases “Reform At the Bargaining Table”
Report Details the Need to Improve Productivity at the MTA and Recommends “Net-Zero” Wage Increases
April 30, 2019
CBC released a report detailing the critical need to slow the growth of labor expenses if the MTA is to become fiscally sound.
Press Release
CBC News
CBC Releases "Unpacking the PEG: Examining the Impact of the NYC November 2023 Financial Plan Savings"
January 10, 2024
Mayor Eric Adams latest round of spending reductions only moderately affects direct services to New Yorkers and chips away at the City’s massive and still-troubling budget gaps.
Letter
Transportation
Five Recommendations on Congestion Pricing
A Letter to the Traffic Mobility Review Board
July 19, 2023
CBC has long supported congestion pricing to further three important goals: reduce congestion, reduce emissions, and support the MTA’s capital plan. We urge the Board to follow CBC’s five recommendations to ensure balanced progress on all three goals.
Podcast episode
City Budget
30 Days, with Jamison Dague
July 13, 2017
This week's data point is 30 days - the period in which MTA New York City Transit will conduct a "top-to-bottom" review to identify changes necessary to improve its performance. CBC's Director of Infrastructure Studies Jamison Dague discusses underinvestment and how resources are being directed in the capital plan with Ben Max and Maria Doulis.
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.
Press Release
City Budget
CBC Recommends Budget Strategies for Mayor de Blasio's Second Term
January 26, 2018
In order to reach, and then sustain, budget stability in the Mayor’s second term, the budget should contain spending growth; build reserves; reduce the size of the capital plan and the cost of capital projects; and strengthen finances at NYCHA and NYC H+H.
Podcast episode
City Budget
$17 Billion, with NYCHA Chair and CEO Shola Olatoye
August 10, 2017
This week's data point is $17 billion - the capital needs for rehabilitating the nation's largest housing authority. NYCHA Chair and CEO Shola Olatoye joins the podcast to discuss strategies for addressing these capital needs and to review progress implementing NextGenNYCHA, its strategic plan.
Letter
Capital Spending
City Should Evaluate Project Labor Agreements
Letter to Mayor de Blasio
July 05, 2018
With the Capital Commitment Plan now topping $82 billion, it is more important than ever to find ways to reduce costs and speed up project delivery.