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Statement
Transportation
Remarks on the MTA’s Proposed 2025-2029 Capital Plan
September 25, 2024
Despite success in speeding capital delivery and projects being ready to go and roll—the plan is larger than can be accomplished in the next five years.
Statement
Transportation
Statement on MTA 2025-2029 Capital Plan
September 18, 2024
"CBC commends MTA for rightly focusing the vast majority of its capital plan on projects that rebuild and improve the system. Yet, the MTA will continue to play catch-up, and financing is unknown."
Report
Transportation
Focus, Fix, and Finance
How to Rightsize and Fund the 2025 – 2029 MTA Capital Program
September 16, 2024
This report assesses the status of projects in the current and prior capital programs, identifies the appropriate maximum size and focus of an achievable but ambitious capital program, estimates available funding and the size of the funding gap, outlines criteria for consideration of funding sources, and discusses how those criteria apply to sources that have been suggested or may be discussed.
Testimony
Transportation
Testimony on NYC Ferry
Submitted to the New York City Council Committee on Economic Development and Committee on Transportation and Infrastructure
September 10, 2024
NYC Ferry remains one of the most heavily subsidized transit options in New York City, and one of the most subsidized public ferry systems in the country.
Testimony
Education
Public Hearing on New York State School Aid
Submitted to the Rockefeller Institute of Government, SUNY
August 14, 2024
Report
Education
Sustainably Supporting a Sound Basic Education
Part 2
August 14, 2024
Flaws in New York State’s school aid funding formulas stop the State from effectively distributing funds based on student need and local capacity.
Report
City Budget
Myths and Facts
NYC Adopted Budget for Fiscal Year 2025
July 30, 2024
Throughout the budget debate, public discussion was sometimes hampered by misunderstanding by various stakeholders. This chartbook fact checks and corrects five relatively common, inaccurate perceptions about the budget.
Testimony
Education
Public Hearing on New York State School Aid
Submitted to the Rockefeller Institute of Government, SUNY
July 16, 2024
CBC strongly believes that the State should take a more active role promoting performance and spreading best practices, increasing transparency, and improving accountability, especially given the vast amount of resources provided and the criticality of education to New Yorkers’ and our state’s future.
Report
Education
Sustainably Supporting a Sound Basic Education
Proposals to Reform NYS School Aid
July 16, 2024
While attention is primarily focused on Foundation Aid, which comprises nearly two-thirds of State school aid, effective resource allocation reform should address all funding streams.
Testimony
Housing
Build More Housing, Everywhere
City of Yes Takes Right Approach to NYC’s Housing Crisis
July 10, 2024
The City of Yes for Housing Opportunity takes the right approach to New York City’s housing crisis: Build more housing, everywhere, of all types, for everyone.
Report
City Budget
Refined Recommendations to NYC Charter Revision Commission
for Improving Finances and Resident Feedback
July 08, 2024
The sections below outline the proposed changes and how they would improve the City’s financial management and resident feedback. Draft Charter language is in the Appendix.
Testimony
City Budget
Testimony on Proposed Changes to the New York City Charter
Submitted to the New York City Charter Revision Commission
July 08, 2024
The time to start protecting New Yorkers is now, not after the next crisis.
Report
City Budget
NYC Adopted Budget
Pleasing, Not Prudent
July 01, 2024
Unfortunately, our City’s leaders again did little to ensure priority programs are sustainable by making government more efficient and shrinking lower impact activities.
Statement
City Budget
Statement on New York City Fiscal Year 2025 Budget Agreement
June 28, 2024
The budget dance being alive and well is not music to our ears. City leaders have ended the dance in step, unfortunately with too little regard for the City’s long-term fiscal stability.
Report
Housing
A Building Crisis
The Quality-of-Life, Population, and Economic Effects of Housing Underproduction
June 27, 2024
By modernizing the City’s zoning ordinance to allow more housing everywhere, the City can start to chip away at a housing shortage that has been years in the making.
Testimony
Transportation
Unpause Congestion Pricing ASAP; Use Available Money for State of Good Repair
June 26, 2024
Instead of scrambling to identify substitute revenue and risk a short-sighted decision that does not serve the long run, the focus should be on using available funds to accelerate investment and producing a thoughtful, long-term plan to sustainably finance core infrastructure needs.
Report
City Budget
Preliminary Recommendations to NYC Charter Revision Commission
for Improving Finances, Management, and Resident Feedback
June 13, 2024
CBC believes the CRC should focus on recommending changes that are appropriate to the Charter and not local law.
Testimony
City Budget
Testimony Before the New York City Charter Revision Commission
June 13, 2024
Our Preliminary Recommendations focus on three areas to improve the Charter: Fiscal Integrity and Stability, Management Quality and Efficiency, and Resident Feedback.
Statement
Transportation
Statement on Congestion Pricing and Funding Discussions in Albany
June 07, 2024
New York should not vie for the triple crown of bad governing—knee jerk reaction, shortsighted fiscal maneuvers, and a backroom deal outside the budget process.
Statement
Transportation
Statement on Congestion Pricing Revenue Alternatives
June 06, 2024
With Governor Hochul's announcement to indefinitely suspend congestion pricing, substitute finance options are being discussed.