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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.
October 23, 2014The plan identifies $16.9 billion in available funding, but a gap of about $15.2 billion remains unfunded. This CBC study focuses on how the money would be spent and recommends that the proposed plan be revised to address three serious shortcomings.
Op Ed Transportation
July 30, 2015Funding the next five-year capital plan for the MTA is a priority for the NYC region, and fortunately the funding gap has narrowed. The real question should be: how much funding should come from motorists versus taxpayers and commuters?
July 24, 2015Debating how to apportion funding for the remaining $9.8 billion gap between “the City” and “the State” is counterproductive. Funding for mass transit should be defined as coming from three sources: fares, tax subsidies, and motor vehicle cross-subsidies.
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.
Press Release Transportation
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. The analysis includes consideration of how well measures to raise money for the MTA fit into a broader financing plan for the state’s entire transportation system.
Press Release Transportation
August 26, 2015Today the Citizens Budget Commission released a policy brief – titled “Taxis, Taxes, and the MTA Funding Gap” – that discusses three alternatives for generating added revenue from services regulated by the Taxi and Limousine Commission.
July 22, 2015The Mayor's Executive Budget, which leaves unanswered how billions of dollars in much-needed transit improvements will be funded. The MTA is preparing its capital plan through 2019 which will determine the system's future condition.
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.
Report Capital Spending
February 16, 2017Despite an increase in transparency and accountability, the updated plan remains deficient in three important ways.
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.
April 16, 2011A forum discussing the future of the MTA's Capital Plan, with opening remarks by MTA Chair & CEO Jay Walder.
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.
December 16, 2015This policy brief considers the implications of a recession for the Metropolitan Transportation Authority’s (MTA) current financial 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.
Press Mention Transportation
May 16, 2017Some changes are coming to the subway system as the Metropolitan Transportation Authority looks to reduce delays and improve service.
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.