MTA Finances
The MTA Prepares For Next Budget War
A new year yet a very familiar story. The MTA is up against it financially & any sort of budget miracle seems to be a fantasy. The latest issue stems from the budget plan released by Rep. Paul Ryan last week which would cost the cash strapped agency $2.3B over a 10 year period. While […]
Cuomo Plan Axes $100M From MTA Budget
Yesterday morning I wrote about Gov. Cuomo’s delusional fantasy world where taking money from the MTA would keep fares & services at current levels. Hours after my entry, he revealed his budget plan & as expected contains a huge blow to the MTA. Gov. Cuomo would ax $100M from the MTA’s budget. Andrew Grossman of […]
Cuomo Wants To Slash Some Transit Funding
A new year is here but the story remains the same, Albany is looking to give a low blow to the MTA & its riders. The latest low blow comes from newly elected Governor Andrew Cuomo who wants to slash some funding earmarked for the MTA. The news came out a day before he is […]
MTA Releases Their 2011 Agenda
This is a post I meant to write on Friday but I went out to party with 2 of my best friends so I had no time. Anyhow….. Friday’s are usually a day where you have to pay extra attention to the news as stories seem to slip through the cracks & do not generate […]
DiNapoli Takes Issue With Bus Maintenance Costs
A new year has barely begun & New York State ComptrollerThomas DiNapoli is already issuing scathing reports against the MTA. His latest issue revolves around bus inspections & the costs of maintenance being too expensive. He claims that nearly all of the agency’s hybrid buses have not been properly inspected. Also he claims that 62% […]