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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.
August 21, 2017What the State should do to ensure its transportation investment is well-targeted and strategic.
June 15, 2017The 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
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.
Report Capital Spending
February 16, 2017Despite an increase in transparency and accountability, the updated plan remains deficient in three important ways.
November 27, 2017There are unanswered questions about the MTA's 2018 budget and $1.5 billion Subway Action Plan.
March 15, 2017The MTA's modified financial plan include 5 noteworthy changes which have the combined impact of slightly worsening the agency’s fiscal outlook.
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.
May 06, 2012This brief examines the Metropolitan Transportation Authority's (MTA) large-scale refunding of outstanding
debt. 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
Op Ed Transportation
December 19, 2017At next month’s State of the State address, Gov. Andrew Cuomo is expected to unveil a congestion-pricing proposal that would generate a dedicated funding stream for the Metropolitan Transportation Authority.
October 09, 2012This 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.
Report Capital Spending
December 06, 2013This 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.
January 17, 2017CBC's take on the MTA-TWU deal negotiated in January 2017.
October 10, 2013CBC offers its perspective on the New York Times’ “Room for Debate” question, “Is there any hope for NYC Transit?”
January 23, 2017The MTA Board should continue the policy of regular and predictable fare increases.
August 07, 2017Mayor de Blasio’s proposal to raise the top rate on the personal income tax is not an appropriate way to raise funds.
Report Economic Development
February 06, 2013This 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.
October 15, 2012As 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.