MTA Finances

MTA To Get Over $1B In Federal Funding

Earlier today, New York State Governor Andrew Cuomo announced that the state will receive $1.915 billion in storm resiliency funding from the federal government. Approximately $1.6 billion of the funding will go to the MTA. Here are the details: Governor Andrew M. Cuomo today announced that New York State expects to receive $1.915 billion in […]


LIRR & Unions Prepare Final Contract Offers

While agreeing to a deal with the TWU Local 100 cleared a big hurdle for the MTA, it is far from being out of the woods. For the past few months, many have been following the strife between the agency & LIRR unions which have been threatening a July strike for sometime if a deal […]


MTA Denying More Access A Ride Claims

Sunday’s New York Post featured a story about how the MTA is denying more Access-A-Ride claims. To be more specific, the agency denied 13% of applicants in 2013 which is nearly double the rate from 5 years ago. Stephen M. Joseph and Michael Gartland of the New York Post have more: The MTA denied 13 […]


MTA & TWU Local 100 Reach Deal

A few days ago, the Transport Workers Union Local 100 reached a deal with the MTA, its longtime nemesis. Here is more on the deal courtesy of Greg Mocker of Pix 11: After 2 years of intense negotiations (and work without a contract), The MTA and The Transport Workers Union have reached an agreement. New […]


Hi-Def Screens Bring In New Revenue

With the effects of yesterday’s explosion mainly behind Metro-North, time for some financial news. The MTA has announced that its new hi-def screens that were recently installed will bring in added revenue: Novel forms of advertising continue to be introduced in the subway as part of the Metropolitan Transportation Authority‚Äôs (MTA) efforts to increase revenue […]