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Testimony
Transportation
Testimony on 2010 MTA Capital Plan
Delivered to State Senate Standing Committees
December 03, 2009
Testimony 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.
Report
Transportation
Working in the Dark
Implementation of the MTA's Capital Plan
October 20, 2009
This report analyzes the MTA’s effectiveness at managing its five-year capital plans. It does so by examining the capital projects scheduled by the MTA for work in the three-year period from January 2005 to December 2007.
Report
Capital Spending
Three Key Steps for Improving New York State’s New Statewide Capital Plan
September 25, 2013
This brief assesses New York State’s first-ever 10-year capital plan released in June 2013 by the New York Works Task Force. It offers steps to more effectively and strategically allocate State capital investment funding.
Report
Capital Spending
Planning After PLANYC: A Framework for Developing New York City's Next Ten-Year Capital Strategy
The Most Important Economic and Fiscal Decisions Facing the Next Mayor
December 06, 2013
This report reviews capital planning and spending during Mayor Bloomberg’s tenure in order to suggest principles that can guide the development of a new long-term capital plan and financing strategy.
Testimony
Transportation
Testimony on Challenges Facing the MTA
Submitted to Senate Finance Committee
September 03, 2009
Testimony 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.
Report
Transportation
How To Balance the MTA's Budget
June 27, 2006
In 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
Economic Development
Competitiveness Scorecard
Assessing NYC's Competitiveness as a Home for Human Capital
February 06, 2013
This scorecard assesses the New York City metropolitan area’s competitiveness in attracting, cultivating and retaining talent. The scorecard is based on the relative performance of the New York City metro area against 14 of the largest domestic metro areas on a comprehensive set of quantitative indicators.
Report
State Budget
New York's Endangered Future
Debt Beyond Our Means
September 21, 2005
New York State's debt obligations will require current and future taxpayers to bear a burden that creates a competitive disadvantage with the other states. The core issue is that New York has no effective legal limits on the amount of debt it can assume. CBC advocates for short-run and long-run measures; in the near term, voters should reject bond referendums such as the Transportation Bond Act of 2005 until debt is brought under control, and in the long-run the State must strike a balance between adequate infrastructure investment and a competitive debt burden.
Report
State Budget
Public Authorities in New York State
April 03, 2006
New 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.
Report
Capital Spending
How Public-Private Partnerships Can Help New York Address Its Infrastructure Needs
December 11, 2008
This report explores the application of public-private partnership (PPPs) in New York by explaining its definition of such a relationship and offering in-depth guidelines, potential applications (including highway bridges, New York City school buildings, New York City parks, and higher education facilities), examples on a global, national, and local level, and potential missteps and cautions.
Testimony
Energy & Environment
Testimony on NY Power Authority Economic Development Programs
Delivered to a Joint Session of State Committees
September 23, 2009
A testimony before a number of State Senate and Assembly committees which reviews the findings of a recent CBC report on the efficacy of NYPA's economic development programs.
Testimony
Capital Spending
Testimony on Public-Private Partnerships
Delivered to the Commission on State Asset Maximization
January 07, 2009
The 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.