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December 18, 2019The City should work with the MTA to assure that Access-A-Ride will achieve firm financial footing while providing a cost-effective and efficient service.
December 04, 2019The balancing act facing legislators as they consider proposals to reform the property tax is how to increase equity, fairness, and transparency, while maintaining fiscal stability and reliability.
November 25, 2019CBC has long seen housing affordability as a key factor affecting New York City’s long-term competitiveness.
November 25, 2019CBC’s longstanding position is that MTA capital investments must first emphasize state of good repair and routine replacement before projects to expand the system or provide enhanced amenities.
November 12, 2019The plan’s sheer size renders it impossible to determine what investments should and will happen in the next five years
May 02, 2019When considering reform, the Legislature should evaluate the potential to worsen rather than improve tenants’ living conditions.
Testimony City Budget
April 17, 2019NYC Ferry connects many of NYC’s waterfront neighborhoods and business districts at a high price.
November 15, 2018NYCHA has an astounding $32 billion in capital needs, a nearly fivefold increase over the last decade. Today nearly all its properties require substantial rehabilitation.
August 08, 2017System 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.
December 17, 2015Options 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.
Testimony Capital Spending
May 18, 2015The 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.
December 03, 2009Testimony before the New York State Senate Standing Committees on Corporations, Authorities and Commissions and Investigations and Government Operations on the MTA's 2010-2014 capital plan.
September 03, 2009Testimony of CBC President Carol Kellermann to the New York State Senate Finance Committee regarding the critical challenges that will face the MTA in the coming years, including balancing the MTA's operating budget, financing new capital investments, and planning and implementing capital projects.
Testimony Capital Spending
January 07, 2009The testimony offers guidelines for the application of public-private partnerships (PPPs or P3s), suggests areas in which PPPs can be used in New York, and warns against and explains potential pitfalls in the application of PPPs.