More On Capital Spending
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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.
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.
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.