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Testimony
City Budget
Testimony on Intro. No. 1512
on the Establishment of a Director of Ferry Operations
April 17, 2019
NYC Ferry connects many of NYC’s waterfront neighborhoods and business districts at a high price.
Blog
Taxes
Follow the Money
The MTA’s New Revenues
April 05, 2019
The NYS Adopted FY 2020 Budget directs three revenue sources to support the MTA. This blog clarifies what the revenue streams are and how they will flow to the lockbox.
Video
Transportation
CBC Report on NYC Ferry and Subsidies
Fox 5 News
March 30, 2019
According to a CBC report, the number of NYC Ferry passengers for all of last year is less than the number of passengers who ride NYC subways in just one day. Mayor de Blasio defends the ferry service & says it’s a long-term investment.
Video
Transportation
Report Slams High Subsidy Cost for Running NYC Ferry Service
Specrum News NY1
March 29, 2019
A new study by the Citizens Budget Commission finds that each trip costs taxpayers $10.73. That's more than 10 times the subsidy for a trip on the subway at $1.05.
Report
Transportation
Swimming in Subsidies
The High Cost of NYC Ferry
March 28, 2019
NYC Ferry serves more than 4 million passengers at a high level of operating subsidy: $10.73 per ride, 10 times that of the New York City Transit.
Press Release
Transportation
CBC Releases "Swimming in Subsidies"
Report Details the High Cost of Subsidizing NYC Ferry
March 28, 2019
CBC today released “Swimming in Subsidies,” a comprehensive report detailing the high operating subsidy for the NYC Ferry service.
Report
Transportation
Building a Sound Fiscal Future for New York's Highway and Mass Transit Systems
March 19, 2019
Options for raising sufficient funds for roads and transit statewide include increasing tolls and fees, enacting congestion pricing, and implementing a vehicle-miles traveled (VMT) fee.
Blog
Housing
Six Guidelines for NYCHA's New Federal Monitor
March 08, 2019
The federal monitor is tasked with ensuring that NYCHA will remediate its most pressing physical issues, including lead, mold, broken elevators, and other deficiencies.
Statement
Transportation
Statement on the 10-Point Plan to Transform and Fund the MTA
February 26, 2019
Citizens Budget Commission President Andrew Rein issued this statement on the 10-Point Plan to Transform and Fund the Metropolitan Transportation Authority (MTA):
Letter
Transportation
Hold Public Confirmation Hearings for MTA Vacancies
A Letter to Majority Leader Andrea Stewart-Cousins
February 20, 2019
We write to ask that the State Senate conduct confirmation processes for appointees to the Metropolitan Transportation Authority (MTA) through public hearings.
Press Release
Transportation
CBC Recommends Five Principles for Congestion Pricing
February 13, 2019
The CBC today released its five key principles for crafting an effective congestion pricing program.
Blog
Transportation
Principles for Congestion Pricing
February 13, 2019
Motorists should pay a greater share of the costs of mass transit to offset the negative impacts of auto use. CBC recommends five principles to guide the crafting of a congestion pricing program
Special Feature
Transportation
Facts About NYC Transit
February 09, 2019
This infographic presents a snapshot of NYC Transit's operating epenses, on-time performance, ridership, and 5 year capital plans.
Report
Housing
Reconsidering Rent Regulation Reforms
January 30, 2019
New York is a city of renters, and rent regulated units account for nearly half of the city’s rental housing stock.
Op Ed
Transportation
Want better service?
Raise the fare: It would be a mistake to link price increases to improved performance
January 24, 2019
Exasperated straphangers are expressing frustration with the Metropolitan Transportation Authority’s plans to raise fares when, they say, service shows little sign of improvement.
Blog
State Budget
Balancing the State Budget – Halfway There, But Running Out of Gas?
December 19, 2011
The Governor should avoid more new taxes as the way to close the rest of the budget gap and instead focus on containing spending growth in Medicaid, pensions, education, and economic development.
Blog
Capital Spending
The Dos and Don’ts of PPPs
December 04, 2011
Dos and Don’ts for the use of PPPs, or "P3s" adapted from the CBC's 2008 report, “How Public-Private Partnerships Can Help New York Address Its Infrastructure Needs.”
Blog
Pensions & Benefits
New York City Is Not Alone
November 16, 2011
Reducing the pensions funds' investment target to 7% would be prudent in order to keep the City’s pension funds fully funded, and it would be consistent with changes that have been adopted by other large public pension systems.
Blog
Public Workforce
Another Good Idea to Save the City Money
October 27, 2011
The New York City union welfare funds could also use some "depoliticizing, professionalizing and streamlining."
Blog
Pensions & Benefits
How Much Did New York’s 2010 Early Retirement Incentive Save?
October 25, 2011
The CBC estimates that early retirement incentives saved taxpayers $681 million savings- less than would have been saved if the Governor had been able to achieve through layoffs.