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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.
Podcast episode
City Budget
3, Comptrollerpalooza!
September 24, 2024
3 is the number of current and former Comptrollers who sat down to discuss the City and State's finances, economy, population loss and more. While jobs and tourism have recovered, New York continues to face challenges with hybrid work affecting downtowns and the office market, housing affordability, future budget gaps, and needed infrastructure investment. Former NYC Comptroller Bill Thompson moderated a discussion during which NYS Comptroller Tom DiNapoli and NYC Comptroller Brad Lander dig into what the City and State is doing with your money and New York's future.
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."
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
Podcast episode
Housing
109,000, with Dan Garodnick
August 09, 2024
109,000 is the number of new homes New York City aims to create over the next 15 years through its City of Yes for Housing Opportunity zoning proposal.
Podcast episode
City Budget
$116 billion, with Council Member Justin Brannan
July 26, 2024
$116 billion is the total NYC adopted budget for FY 2025, including the $4 billion of FY25 bills that were prepaid. This year’s budget talks between the Mayor and City Council took several twists and turns, ending with the narrowly on-time arrival of an adopted budget. New York City Council Member Justin Brannan, Chair of the Council’s Finance Committee, joined the podcast to discuss the budget, the Council’s role, and his prior career as a musician.
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.
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.
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.
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.
Podcast episode
State Budget
$8.8 Trillion, with Adrienne Harris
June 27, 2024
$8.8 trillion is the total combined assets of the nearly 3,000 financial institutions that are regulated and supervised by the New York State Department of Financial Services (DFS). In addition to navigating serious banking crises in recent years, DFS faces challenges on the horizon: artificial intelligence, cyber security, and cryptocurrency, to name a few. Joining the podcast is DFS Superintendent Adrienne Harris, who shares with us the important work state leadership is doing to ensure a strong and secure financial services sector, while navigating this rapidly changing landscape.
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.
Podcast episode
City Budget
6,632, with First Deputy Mayor Sheena Wright
June 13, 2024
6,632 is the number of NYC households who responded to CBC's 2023 NYC Resident Survey: "Straight from New Yorkers." The survey provides the most comprehensive, statistically valid, post-pandemic view of how New Yorkers are feeling about the City's quality of life and the quality of government services. Among the many eyebrow-raising pieces of feedback coming Straight from New Yorkers: Only 30% of rate their quality of life as excellent or good, down from 50% in 2017. Joining the pod to discuss the survey results and the City's priorities is New York City First Deputy Mayor Sheena Wright.
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.
Statement
Transportation
Statement on Congestion Pricing
Stay the Course; Critical Needs to Ensure State of Good Repair
June 05, 2024
Congestion pricing is the transit trifecta—providing critical funding for transit, reducing emissions, and easing congestion. We should stay the course.
Special Feature
State Budget
Did You Know?
NYS Enacted Budget Edition
May 24, 2024
Release of Financial Plan Shows $2B More in Spending over State’s Initial Report.
Testimony
Transportation
CBC Urges MTA to Publish TYNA Addendum Detailing Costs, Benefits of State of Good Repair Projects
Submitted to the Metropolitan Transportation Authority
May 22, 2024
CBC again urges the MTA to publish an addendum—prior to the release of the capital program—that includes detailed estimates of the costs, benefits, and timelines, for all assets and investment needs in the categories of “Rebuild” and “Improve” the system, including those that bring assets to and keep the system in a state of good repair.