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Video Capital Spending
December 06, 2013The next mayor will be constrained by a high debt burden that will require restraining capital spending. What principles should the next administration use to devise a long-term capital plan?
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
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.
Report Capital Spending
December 06, 2013This report reviews capital planning and spending during Mayor Bloomberg’s tenure in order to suggest principles that can guide the development of a new long-term capital plan and financing strategy.
October 10, 2013CBC offers its perspective on the New York Times’ “Room for Debate” question, “Is there any hope for NYC Transit?”
Report Economic Development
February 06, 2013This scorecard assesses the New York City metropolitan area’s competitiveness in attracting, cultivating and retaining talent. The scorecard is based on the relative performance of the New York City metro area against 14 of the largest domestic metro areas on a comprehensive set of quantitative indicators.
Video City Budget
February 07, 2013This expert panel discussed the findings of the 2013 Competitiveness scorecard, which assessed the New York City metropolitan area’s competitiveness in attracting, cultivating and retaining talent.
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.
November 25, 2012The blog describes the different ways of calculating MTA fare ratios and of comparing the MTA ratios to those of other systems.
September 09, 2012MTA revenue lost from the payroll mobility tax could be made up in a way that is far more burdensome to suburban commuters.
Blog Capital Spending
May 21, 2013Reviews the $54 billion Ten-Year Capital Strategy; the next mayor will have to make difficult trade-offs between competing priorities while ensuring the city’s debt does not become unaffordable.
March 28, 2004This report examines the financing policies for passenger transportation services in the New York-New Jersey metropolitan area. Included are 25 entities consisting of the states of New York and New Jersey, the Port Authority, the MTA, New Jersey Transit, four additional authorities operating or financing toll roads, the City of New York, and 15 counties.
Blog City Budget
December 05, 2012This blog explains why a savings plan, known as the "PEG" is necessary in the Nov 2013 NYC budget modification, examines the savings, and offers broader perspective on the city's fiscal challenges.
Report Public Workforce
January 29, 2012This report examines the contract negotiations between the Metropolitan Transportation Authority (MTA) and its largest union, the Transport Workers Union Local 100, and it applies the criteria specified by the Public Employment Relations Board for determining arbitration awards. It finds that the public interest will be served by an agreement that maintains a good standard of living for workers, is within the MTA’s ability to pay, and does not force further harm upon riders.
Report Pensions & Benefits
January 10, 2012This brief examines pension cost growth in New York State and its effect on the New York's competitiveness. It recommends the adoption of a new tier of pension plans known as the Tier VI Proposal.
Report Health Care
April 23, 2012This report assesses New York City Health and Hospitals Corporation's (HHC) critical role within the health care safety net protecting lower income New Yorkers, and it explores two significant fiscal challenges in the coming years: threats to City-supported revenues and an inadequate gap-closing plan.
Presentation City Budget
December 06, 2013In this presentation, CBC puts forward eight options to reduce expenditures by nearly $4 billion by FY2018.
Video Pensions & Benefits
April 17, 2013CBC Breakfast with NYC Deputy Mayor Caswell Holloway in April 2013.
Video Economic Development
December 06, 2013This presentation and panel discuss economic development in New York City since 2000, with a focus on the City's relative economic performance, the broad range of activities of the Economic Development Corporation, and the effectiveness of development strategies.
Blog Economic Development
April 11, 2012In New York City, current reporting requirements fall short of capturing the full amount of spending in the name of economic development.