More On Capital Spending
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December 15, 2015How much does it take to build in NYC?
November 03, 2015Why delaying plans for the second phase of the Second Avenue subway is sensible.
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.
Op Ed Transportation
July 30, 2015Funding the next five-year capital plan for the MTA is a priority for the NYC region, and fortunately the funding gap has narrowed. The real question should be: how much funding should come from motorists versus taxpayers and commuters?
Op Ed City Budget
June 16, 2015New York City has more outstanding debt than ever before, and Mayor Bill de Blasio has proposed a 10-year capital plan that will increase it substantially.
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.
Blog Capital Spending
May 04, 2015Along with the Executive Budget for Fiscal Year 2016, this week Mayor Bill de Blasio will unveil a Ten-Year Capital Strategy, the City’s blueprint for long-term capital investments. This blog presents four things to look for in the Strategy.
Press Release Transportation
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. The analysis includes consideration of how well measures to raise money for the MTA fit into a broader financing plan for the state’s entire transportation system.
Blog Capital Spending
March 15, 2015New York State's trial with design-build has produced convincing results that merit permanently authorizing and extending design-build authority as a first key step in modernizing the State’s approach to public projects.
Letter State Budget
February 25, 2015CBC's recommendations to the State legislature cover six proposals that deserve support, three proposals that should be improved, and three proposals that should be rejected.
Video City Budget
February 21, 2015Maria Doulis breaks down New York City's $78 billion budget and $84 billion, 10-year capital plan, with the Bond Buyer.
Report State Budget
September 21, 2005New York State's debt obligations will require current and future taxpayers to bear a burden that creates a competitive disadvantage with the other states. The core issue is that New York has no effective legal limits on the amount of debt it can assume. CBC advocates for short-run and long-run measures; in the near term, voters should reject bond referendums such as the Transportation Bond Act of 2005 until debt is brought under control, and in the long-run the State must strike a balance between adequate infrastructure investment and a competitive debt burden.