Showing 1 - 14 of 14
February 21, 2020City taxpayers pay 71% on MTA non-toll, non-federal revenues.
Blog Public Workforce
February 18, 2020The agreements should include greater savings, including workrule changes, to offset the impact of these increased costs.
January 13, 2020While housing is the largest share of spending for most households, a more robust picture of affordability also should include transportation costs.
Video Capital Spending
November 12, 2014Video of a panel discussion examining the hindrances of NY's procurement rules and detailing how alternative" service delivery methodologies contributed to the success of both public and private projects in NY.
October 23, 2014The plan identifies $16.9 billion in available funding, but a gap of about $15.2 billion remains unfunded. This CBC study focuses on how the money would be spent and recommends that the proposed plan be revised to address three serious shortcomings.
September 29, 2014On October 1, 2014, the single-ride fare for the Port Authority Trans-Hudson (PATH)—the rail system connecting Newark, Harrison, Jersey City, and Hoboken to Midtown and Lower Manhattan—will increase by 25 cents. Many riders will complain, but the simple truth is that the higher fare is a fairer fare.
September 28, 2014Two major challenges face the New York State Department of Transportation: undertaking a comprehensive needs assessment and identifying resources needed to implement a capital plan.
Blog City Budget
September 21, 2014Three entities govern New York City's water and sewer system: the Department of Environmental Protection operates and maintains the system; the New York City Municipal Water Finance Authority (WFA) borrows to finance capital investments; and the Water Board sets rates for customers to meet financing needs. Learn more.
Blog Pensions & Benefits
August 04, 2014Summarizes findings from a GAO report indicating the federal agency administering disability pensions for those workers had not done enough to prevent a repeat of a widespread fraud scheme by LIRR employees uncovered in 2008.
Blog Capital Spending
July 22, 2014How far has the Port Authority come on improving its budget process, long-term financial viability, and accountability to the public?
April 23, 2014This report examines the financing arrangements for the PATH transit system operated by the Port Authority of New York and New Jersey.
April 22, 2014Experts discuss how to reform the Port Authority.
June 27, 2006In order for New York to maintain a strong and vibrant economy, its transportation system has to be kept up to par and expanded to meet future needs. This report examines the two problems and suggests alternative financing policies for the MTA that would balance its operating budget and provide sufficient capital to accelerate the pace at which its facilities are brought to a state of good repair.
Report State Budget
April 03, 2006New York State’s extensive reliance on authorities has given rise to four significant problems: 1) Misuse of the power to incur debt; 2) Insufficient oversight and coordination of project revenue backed and private conduit borrowing; 3) Insufficient reporting to support accountability; and 4) Insufficient independence in governance. Each problem is explained more fully in this report, along with five strategies to address them.