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Blog
Transportation
MTA’s New Capital Plan Not on Track with Need for Better Service
June 15, 2017
The MTA's revised capital plan adds $2.8 billion investments, but the new money and other changes are not wholly aligned with what is needed to get the trains running on time
Blog
Transportation
Five Noteworthy Changes in the MTA's Financial Plan
March 15, 2017
The MTA's modified financial plan include 5 noteworthy changes which have the combined impact of slightly worsening the agency’s fiscal outlook.
Blog
Transportation
More Than Enough Problems
The MTA 2018 Final Proposed Budget and Four-year Financial Plan
November 27, 2017
There are unanswered questions about the MTA's 2018 budget and $1.5 billion Subway Action Plan.
Blog
Housing
Mapping the Mayor's Housing Plan
An Update
September 18, 2017
Following the release of data on fiscal year 2017 fourth quarter housing starts, the CBC has updated its map of housing developments created or preserved under New York City’s Housing New York Plan.
Blog
Housing
$1.9 Billion More For Affordable Housing, But Plan Lacks Specifics
June 30, 2017
City documents offer few details on how the new funding will be used to enhance different levels of affordability.
Blog
Transportation
Recent Confusion over the MTA’s Financial Condition and What to Do About It
October 10, 2013
CBC offers its perspective on the New York Times’ “Room for Debate” question, “Is there any hope for NYC Transit?”
Blog
Transportation
Is the Enhanced Station Initiative a Good Idea?
July 20, 2017
Is the enhancement of 32 stations at a cost of nearly $1 billion worth the trade-off against other capital needs?
Blog
Transportation
“Parity” for State Transportation Investments
A Misguided Misnomer
March 09, 2017
Do the State's transportation and transit investments really achieve "parity" between the DOT and the MTA? They don't -- and they shouldn't.
Blog
Transportation
Welcome Back, Joe Lhota!
June 26, 2017
Joe Lhota returns as Chairman of the MTA. Much has occurred since Lhota last chaired the MTA, and the following charts illustrate the agency’s current plight.
Blog
Capital Spending
How Much, and for What?
May 21, 2013
Reviews the $54 billion Ten-Year Capital Strategy; the next mayor will have to make difficult trade-offs between competing priorities while ensuring the city’s debt does not become unaffordable.
Blog
City Budget
What to Look for in the NYC Preliminary Budget for FY2018
January 23, 2017
The big questions surrounding the release of the FY2018 Preliminary Budget and Ten-Year Capital Strategy
Blog
State Budget
Pre-Budget Ruminations
What to Look for in the NYS Fiscal Year 2019 Executive Budget
December 17, 2017
With a reported gap between $4.4 billion and $6.3 billion, and billions in federal changes yet to be recognized, here's what CBC will ask when Governor Cuomo rolls out the 2019 Executive Budget.
Blog
State Budget
A Disappointing DRP
November 24, 2009
Analysis of the NYS Deficit Reduction plan proposed in the FY2010 Budget
Blog
State Budget
The Back-loaded Impact of New York’s Fiscal Year 2013-14 Budget
May 08, 2013
Reviews NYS Enacted Budget for FY2014- $1.8 billion in annual spending by the final year of the financial plan were paid for with tax increases, non-recurring resources, and boosted revenue forecasts.
Blog
City Budget
Can Taxi Medallions Still Be a Billion Dollar Budget Booster?
March 02, 2017
The City of New York expects to generate $1.2 billion in revenue from the sale of new taxi medallions from fiscal years 2019 to 2023; however, increased competition from ride-sharing services has resulted in a significant decrease in the value of medallions. The City should adjust its budget assumptions to reflect this situation, with the most prudent action being removing this revenue from its financial plan until the industry stabilizes.
Blog
State Budget
Shifts and Levers: Meeting a 2 Percent Spending Target with Fiscal Gimmicks
February 14, 2017
How does the State budget keeps spending below 2 percent? With 4 fiscal gimmicks.
Blog
State Budget
Questions About the NYS FY2018 Executive Budget
January 12, 2017
How much with the Governor's proposals cost and how will he pay for them?
Blog
State Budget
When 2 Percent Isn't 2 Percent
May 30, 2017
Adjustments to consistently track year-to-year reveal a 3.7% growth rate in fiscal year 2018.
Presentation
City Budget
Options to Reduce Expenditures
The Most Important Economic and Fiscal Decisions Facing the Next Mayor
December 06, 2013
In this presentation, CBC puts forward eight options to reduce expenditures by nearly $4 billion by FY2018.