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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.
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.
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.
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?
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.
September 27, 2016Reviews the MTA's preliminary 2017 budget and points to risks, including expiring labor contracts and looming OPEB liabilities.
October 10, 2013CBC offers its perspective on the New York Times’ “Room for Debate” question, “Is there any hope for NYC Transit?”
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.
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.
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.
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.
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.
March 18, 2015Discusses another, arguably fairer, revenue-raising strategy for the MTA
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.