"A quick tribute to the Citizens Budget Commission....you're a great model of public policy institutions like this across the country; no more important time than today for this kind of work." Treasury Secretary Timothy F. Geithner
The contract of the Transport Workers Union (TWU) expired on January 15, 2012. To determine what a fair wage increase would be in the current fiscal climate, this report applies the criteria specified by the Public Employment Relations Board (PERB) for determining arbitration awards.
An important, yet obscure, element of municipal finance is a “rental payment” made by the public authority financing the water and sewer system to New York City’s treasury. What was once a declining overhead cost for the water system has become a rapidly growing expense that increased from a low of $102 million in 2003 to $234 million in the current fiscal year.
In the July 2011 edition of the PPP Journal, Senior Research Associate Maria Doulis reviews the success of public private partnerships in NYC and considers opportunities for pursuing additional PPPs.
This report helps identify priorities for ongoing efforts to control costs at the MTA through benchmarking. This is accomplished by comparing unit cost measures with other large urban transit agencies in the United States, which helps point the way to areas in which the MTA is out of line with practices in other places and suggests priorities for new efficiency initiatives.
The CBC today released a report that examines New York City’s green policies from the perspective of urban competitiveness, not exclusively in terms of promoting environmental sustainability.
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