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March 25, 2015This report examines the MTA’s current fiscal challenges and identifies options for funding its capital investment needs for the next five years.
December 16, 2015This policy brief considers the implications of a recession for the Metropolitan Transportation Authority’s (MTA) current financial plan.
Video Capital Spending
May 09, 2012Director of City Studies Maria Doulis opines on Comptroller's Liu's proposal to borrow money today to accelerate capital investment.
Testimony Capital Spending
May 18, 2015The Mayor's Ten-Year Capital Strategy totals $83.8 billion- a $30 billion increase from the prior plan. CBC has two main concerns about the Strategy: there is insufficient information available to judge the investments, and the investments will add to the City’s high debt burden.
Video Capital Spending
December 06, 2013The next mayor will be constrained by a high debt burden that will require restraining capital spending. What principles should the next administration use to devise a long-term capital plan?
October 09, 2015The announcement of an agreement for funding the MTA’s 2015-2019 capital plan is an important step in maintaining and enhancing the region’s most vital transportation assets. However, additional steps must be taken.
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
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.
August 25, 2015This policy brief suggests alternatives for taxes on services regulated by New York City’s Taxi and Limousine Commission as a potential source of filling the gap in the MTA's proposed 2015-2019 capital plan.
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.
Report Capital Spending
September 25, 2013This 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.
May 05, 2015Calls for “the City” to provide more funding should be clear about who is really being asked to foot the bill: New York City taxpayers already provide most of the MTA's revenue through the combination of local, regional, and state taxes.
October 10, 2013CBC offers its perspective on the New York Times’ “Room for Debate” question, “Is there any hope for NYC Transit?”
December 17, 2015Options for increasing the efficient use of land, reducing construction costs, and effectively using cross-subsidies should be explored to maximize the amount of affordable housing that can be produced.
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.
Video City Budget
February 07, 2013This expert panel discussed the findings of the 2013 Competitiveness scorecard, which assessed the New York City metropolitan area’s competitiveness in attracting, cultivating and retaining talent.
Blog Pensions & Benefits
January 25, 2012Part of Governor Andrew Cuomo’s “Tier VI” proposal to make pension benefits for public employees of New York’s State and local government more affordable and sustainable over the long term is an optional 401(k)-style plan, already used widely in the private sector and becoming more common in the public sector.
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.
March 18, 2015Discusses another, arguably fairer, revenue-raising strategy for the MTA
November 25, 2012The blog describes the different ways of calculating MTA fare ratios and of comparing the MTA ratios to those of other systems.