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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
Three Takeaways from the MTA's Financial Plan
July 2018 Update
August 13, 2018
The Metropolitan Transportation Authority (MTA) released its 2019 Preliminary Budget and four-year financial plan last month. Here are three important takeaways.
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
Transportation
Tsk-tsk on Governor’s TIF Proposal
February 02, 2018
The FY 2019 Executive Budget proposed to allow the MTA to create tax increment financing districts in NYC to raise revenue for capital improvements. Though TIFs can play a useful role, the proposal is flawed.
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.
Press Release
Capital Spending
CBC Issues Report Estimating Mario M. Cuomo Bridge Toll Will Double
October 13, 2017
In order to fully fund the cost of construction, CBC estimates that the toll will need to increase to approximately $10.
Press Release
Capital Spending
CBC Issues Report Estimating Mario M. Cuomo Bridge Toll Will Double
October 13, 2017
In order to fully fund the cost of construction, CBC estimates that the toll will need to increase to approximately $10.
Press Release
Pensions & Benefits
CBC Issues Report Detailing The Unsustainable And Growing Burden Of New York City's Other Post-Employment Benefit Debt
October 25, 2017
NYC's Other Post-Employment Benefits (OPEB) amounts to $95 billion. New policies should be implemented to reduce the financial burden on future generations.
Blog
Pensions & Benefits
A Budget Proposal That Seems Fiscally Responsible, But Doesn’t Tackle the True Problem
February 22, 2018
It's time to eliminate the expensive and risky benefits provided by the TDA.
Press Release
Pensions & Benefits
CBC Uncovers Potential $160 Million In Savings From Better Management Of NYC's Union-Administered Benefit Funds
February 08, 2018
CBC today released the report Union-Administered Benefit Funds: Getting More Out of a Billion Dollar Taxpayer Contribution, which gives short-term and long-term recommendations for improving the inefficient operations of union-administered benefit funds.
Blog
Pensions & Benefits
Bitter Truth
Many Benefit Sweeteners Lack Required Fiscal Estimates
June 06, 2018
To date the New York State Legislature has introduced 138 bills in this session that enhance the benefits of state and local public employees. How much these bills could cost taxpayers is unknown.
Blog
Pensions & Benefits
Four Egregious Benefit Enhancement Bills
2018 Benefit Sweetener Scorecard Update
May 18, 2018
The 135 active bills identified on the Citizens Budget Commission’s 2018 Benefit Sweetener Scorecard this session could cost the State and local governments at least $428 million.
Press Release
City Budget
CBC Releases NYC Resident Feedback Survey Results
May 16, 2017
The results show which municipal services are in greatest need of improvement.