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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.
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.
May 23, 2018Fast Forward, a plan to modernize New York City Transit presented by President Andy Byford today, is a serious and praiseworthy plan to improve the region's mass transit network.
Testimony Capital Spending
March 20, 2018NYC's Capital Commitment Plan is unrealistic in its ambition, obscures capital priorities, and discourages accountability for completing capital projects efficiently.
December 18, 2018City officials cannot continue to expect the City can build its way to a solution; making real progress will require implementing operational strategies that alter the use of space and redirect students to facilities with capacity.
Blog Capital Spending
March 14, 2018Despite a pledge to collaborate with the City Council on a realistic Capital Commitment Plan, the City's overly ambitious proposal is neither realistic nor transparent.
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.
August 13, 2018The Metropolitan Transportation Authority (MTA) released its 2019 Preliminary Budget and four-year financial plan last month. Here are three important takeaways.
Op Ed Transportation
March 22, 2018While value capture makes sense in theory, any such arrangement should be tailored to specific projects and circumstances - with the agreement of the City.
September 27, 2016Reviews the MTA's preliminary 2017 budget and points to risks, including expiring labor contracts and looming OPEB liabilities.
April 18, 2018The Long Island Rail Road is much more inefficient than Metro-North. Here's why.
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.
June 19, 2018Marisa Lago, Director of the Department of City Planning and Chair of the City Planning Comission, joined the CBC to discuss the U.S. Census, neighborhood revitalization, housing afforability, and resiliency and sustainability.
Podcast episode City Budget
June 29, 201875% is the share of jobs gained since the recession in the NYC metropolitan region that were created in New York City, a datapoint revealed in a forthcoming report from the Department of City Planning. Marisa Lago, Director of the Department and Chair of the City Planning Commission, joined CBC to discuss some of the report's findings as well as neighborhood revitalization, housing affordability, and resiliency and sustainability.
July 18, 2018Decisions to redirect capital dollars to other priorities and stretch inspection and maintenance cycles contributed to the decline in subway reliability, and challenges lay ahead for plans to purchase 3,600 new subway cars and retrofit 1,200 existing cars.
February 02, 2018The 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.
Press Release City Budget
January 26, 2018In order to reach, and then sustain, budget stability in the Mayor’s second term, the budget should contain spending growth; build reserves; reduce the size of the capital plan and the cost of capital projects; and strengthen finances at NYCHA and NYC H+H.
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.