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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.
August 21, 2017What the State should do to ensure its transportation investment is well-targeted and strategic.
June 15, 2017The 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
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.
Report Capital Spending
February 16, 2017Despite an increase in transparency and accountability, the updated plan remains deficient in three important ways.
November 27, 2017There are unanswered questions about the MTA's 2018 budget and $1.5 billion Subway Action Plan.
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.
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
Op Ed Transportation
December 19, 2017At next month’s State of the State address, Gov. Andrew Cuomo is expected to unveil a congestion-pricing proposal that would generate a dedicated funding stream for the Metropolitan Transportation Authority.
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.
January 17, 2017CBC's take on the MTA-TWU deal negotiated in January 2017.
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 30, 2010The CBC seeks to stress two points: 1) the fare increases to be approved for January 2011 and proposed for January 2013 should move toward establishing a long-term policy to cover half of operating expenses with fare revenue, and 2) the MTA should explore the feasibility of incorporating the practice of “peak pricing" for subways and buses.
January 23, 2017The MTA Board should continue the policy of regular and predictable fare increases.
August 07, 2017Mayor de Blasio’s proposal to raise the top rate on the personal income tax is not an appropriate way to raise funds.
Podcast episode Transportation
July 06, 2017This week's data point is $32.5 billion - the value of Metropolitan Transportation Authority's (MTA's) capital plan for 2015 to 2019. Special guest MTA Chief Development Officer Janno Lieber discusses the MTA's capital priorities and how the authority can improve management of its mega-projects.
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.