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October 20, 2009This 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.
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.
May 05, 2009This letter from the CBC and other advocates outlines a plan to finance the long-term capital needs of the MTA and its immediate operating deficit. The mobility tax should be used for expenses related to the MTA's capital plan, not for operating expenses after the first year.
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.
Report Capital Spending
December 01, 2007This report analyzes Mayor Michael Bloomberg’s PLANYC, a new long-range planning initiative for New York City's capital assets and infrastructure. The report identifies the four greatest challenges confronting this initiative and makes recommendations for overcoming them.
Video Capital Spending
December 18, 2007A forum discussion on the efficacy of New York City's infrastructure plan and what steps it should take to ensure that current infrastructure is kept in a state of good repair. Mayor Michael Bloomberg delivers the keynote speech and CBC President Carol Kellermann gives the presentation on the Capital Budgeting for 2030 report.
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.
September 27, 2016Reviews the MTA's preliminary 2017 budget and points to risks, including expiring labor contracts and looming OPEB liabilities.
Blog Economic Development
December 06, 2016After 5 years, CBC reviews regional job creation results by industry, and the lackluster results suggest it is time to rethink the strategic plans of the REDCs.
Blog City Budget
February 24, 2016Mayor Bill de Blasio's FY2017 budget proposal increased city-funded spending by $2.7 billion and included a Citywide Savings Program, or CSP, it was small relative to the size of the budget and savings programs of past years and insufficient to meaningfully offset the cost of new initiatives or to boost reserves.
Blog State Budget
March 21, 2016Why reauthorizing a rational funding plan for the State University of New York (SUNY) and the City University of New York (CUNY) to raise tuition makes sense.
September 20, 2016This report identifies strategies and options the Metropolitan Transportation Authority (MTA) can pursue to improve the financial outlook and quality of Access-A-Ride, the paratransit program.
Blog City Budget
April 24, 2016Asks 8 questions about the New York City Executive Budget for Fiscal Year 2017 relating to revenues, spending, Health + Hospitals, reserves, the Citywide Savings Plan, the State budget, and the capital commitment plan.
Video City Budget
July 27, 2016Maria Doulis of the watchdog Citizens Budget Commission and Howard Cure of Evercore Wealth Management dissect New York City’s $82 billion budget with Bond Buyer Northeast regional editor Paul Burton. They explore efficiencies, debt management, reserves, the economy, the capital budget and Mayor Bill de Blasio’s plan to overhaul Health + Hospitals.
Report City Budget
June 03, 2016This report analyzes spending growth under Mayor Bill de Blasio using the last financial plan prepared by Mayor Michael Bloomberg as a starting point. The analysis reveals the priorities of the de Blasio administration.
Video City Budget
January 21, 2016Mayor Bill de Blasio's $82 billion spending plan includes a host of new spending initiatives but no plans to boost the city's reserves.
January 28, 2009In this letter CBC agrees, for the most part, with a report released by the Commission on Metropolitan Transportation Authority Financing but offers suggestions for improvement. Specifically, CBC supports legislation to implement the Commission’s core recommendations (with revision), which are highlighted in the testimony.
Blog State Budget
November 24, 2009Analysis of the NYS Deficit Reduction plan proposed in the FY2010 Budget
Special Feature City Budget
June 01, 2016Presents a snapshot of New York City's financial plan, including projections for tax revenues, expenses, headcount, debt service, and savings from the health savings agreement with the Municipal Labor Committee and the Citywide Savings Plan.