Showing 1 - 10 of 10
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.
January 23, 2017The MTA Board should continue the policy of regular and predictable fare increases.
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.
Letter Capital Spending
July 05, 2018With the Capital Commitment Plan now topping $82 billion, it is more important than ever to find ways to reduce costs and speed up project delivery.
January 28, 2009In this letter CBC agrees, for the most part, with a report released by the Commission on Metropolitan Transportation Authority Financing but offers suggestions for improvement. Specifically, CBC supports legislation to implement the Commission’s core recommendations (with revision), which are highlighted in the testimony.
December 14, 2017CBC calls on Governor Andrew Cuomo to veto bill that would require the Metropolitan Transportation Authority to provide two free transfers between subways and buses within a two-hour period.
Letter City Budget
June 10, 2009This letter to the mayor, speaker, and chairman of the finance committee outlines four key elements of a new fiscal strategy that would address the structural imbalance in the City's budget due to the ongoing recession.
Letter City Budget
April 29, 2008Any deferral from meeting GASB 49 standards on pollution remediation should be limited to one year.
Letter State Budget
February 25, 2016CBC offers recommendations for legislative action on the Governor’s Executive Budget for fiscal year 2017. The recommendations cover four proposals that deserve support, five proposals that should be modified, and four proposals that should be rejected.
Letter Pensions & Benefits
June 05, 2014This letter suggests guidelines for effective implementation of the agreement between the City and the Municipal Labor Committee to generate $3.4 billion in health care savings between fiscal years 2015 and 2018.