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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.
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.
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.
June 27, 2006In order for New York to maintain a strong and vibrant economy, its transportation system has to be kept up to par and expanded to meet future needs. This report examines the two problems and suggests alternative financing policies for the MTA that would balance its operating budget and provide sufficient capital to accelerate the pace at which its facilities are brought to a state of good repair.
September 27, 2016Reviews the MTA's preliminary 2017 budget and points to risks, including expiring labor contracts and looming OPEB liabilities.
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.
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.
November 03, 2015Why delaying plans for the second phase of the Second Avenue subway is sensible.
Special Feature Transportation
August 31, 2015The Metropolitan Transportation Authority's (MTA) latest survey of the condition of its 467 subway stations in 2012 showed more than one in four of all structural components were not in a satisfactory condition—known in the jargon as a “state of good repair” or SGR. This map reveals the condition of the components of all 467 subway stations.
August 31, 2015This brief examines why the subway stations of the Metropolitan Transportation Authority never reach a state of good repair and recommends how to address the challenge.
September 14, 2015identifies the best and worst train stations in New York City Transit-MTA system.
Blog Economic Development
April 15, 2015Since 2011 New York leaders have restrained growth in the state’s operating budget; in contrast, the scale and scope of questionable economic development programs continue to be expanded significantly. In 2014 state and local spending for these activities totaled $8 billion.
Blog Capital Spending
February 17, 2016State legislators should enable New York City to benefit from design-build contracting: if it realized savings on par with the State’s experience, the City could save $2 billion over 10 years.
Blog State Budget
March 23, 2016Governor Andrew Cuomo proposal to provide nearly $2.3 billion of State funds from bank settlements to subsidize the New York State Thruway Authority would reverse a long-standing practice of funding the Authority from toll revenue and would put New York taxpayers on a course for financing road and bridge infrastructure that makes little economic or fiscal sense.
Video Capital Spending
June 01, 2016Tony Guida sits down with the CBC's Vice President, Maria Doulis, to discuss why New York City's mega-projects run over budget and how the public sector can build better.