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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 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.
Letter
Transportation
CBC and Others Outline a Plan to Finance Long-Term Capital Needs of the MTA
May 05, 2009
This 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.
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.
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
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.
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
Transportation
Refunding the MTA's Debt
The Importance of Getting it Right
May 06, 2012
This brief examines the Metropolitan Transportation Authority's (MTA) large-scale refunding of outstandingdebt. It focuses on a refunding that saves money and spreads debt service costs fairly over time and does not juggle the timing of debt service costs in a manner places unfair costs on riders and taxpayers in the more
distant future.
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.
Report
Transportation
A Better Way to Pay for the MTA
October 09, 2012
This report builds upon previous research on the issue of how to finance the Metropolitan Transportation Authority, particularly its mass transit services. It updates and revises the findings and recommendations of a 2006 report and seeks to provide guidelines for future budget decisions.
Video
Transportation
Citizens Budget Commission Says MTA Riders Should Pay More
NY1
October 15, 2012
As the MTA prepares to raise subway and bus fares once again, a fiscal watchdog group says riders should pay even more than what the agency is expected to propose.
Blog
Transportation
Getting the Facts Straight on Metropolitan Transportation Authority Fare Ratios
November 25, 2012
The blog describes the different ways of calculating MTA fare ratios and of comparing the MTA ratios to those of other systems.
Report
Transportation
It’s Only Fair
Policies to Reduce Fare and Toll Evasion Are Critical to Transit Sustainability
April 02, 2024
In 2023, the cost to the MTA alone was more than $700 million, which evidence suggests is growing.
Blog
Transportation
Suburban Smiles May Turn to Frowns
September 09, 2012
MTA revenue lost from the payroll mobility tax could be made up in a way that is far more burdensome to suburban commuters.
Report
Public Workforce
MTA-TWU Wage Negotiations
A "Fair Increase" Will Not Increase Fares
January 29, 2012
This report examines the contract negotiations between the Metropolitan Transportation Authority (MTA) and its largest union, the Transport Workers Union Local 100, and it applies the criteria specified by the Public Employment Relations Board for determining arbitration awards. It finds that the public interest will be served by an agreement that maintains a good standard of living for workers, is within the MTA’s ability to pay, and does not force further harm upon riders.
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.
Letter
Transportation
Letter to the Governor Regarding Ravitch Commission
January 28, 2009
In 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.
Statement
State Budget
Statement on Medicaid/Managed Care Tax Proposal in NYS Budget Talks
March 26, 2024
The proposal to levy a new tax on Medicaid and other managed care plans to leverage $4 billion of federal money relies on speculative, temporary revenue to seed permanent spending increases.
Report
Health Care
A Troubling Prognosis for HHC's Finances
April 23, 2012
This report assesses New York City Health and Hospitals Corporation's (HHC) critical role within the health care safety net protecting lower income New Yorkers, and it explores two significant fiscal challenges in the coming years: threats to City-supported revenues and an inadequate gap-closing plan.
Testimony
Transportation
Public Comment on the Proposed Structure For the Central Business District Tolling Program
Submitted to the Metropolitan Transportation Authority
February 29, 2024
While the Citizens Budget Commission (CBC) has long held the position that there should not be credits for bridge or tunnel crossings, we believe the Traffic Mobility Review Board’s (TMRB) congestion pricing toll recommendations, as a whole, are reasonable.