MTA Finances
MTA Seeking Higher End Retailers
When you think of the NYC Subway, images such as dirty platforms/tracks, & rats come to mind. Over the years, the MTA has tried to change that perception by having stores at stations such as 59th St-Columbus Circle & 42nd St-8th Ave. The agency is continuing the push by looking for higher end retailers to […]
Station Agent Layoffs To Happen On Friday
Earlier today, a brief report officially announced what was already expected, Friday will be the day that 200+ station agents & 40+ token booths will be closed. WABC filed this brief report: Hundreds of MTA agents are spending their last days on the job. The MTA is set to lay off 202 station agents and […]
Rockland Should Join Fight Against Payroll Tax
A big financial battle that has taken on a life of its own over the last brief period of time is the one over the MTA Mobility Tax aka MTA Payroll Tax. As I originally opined in December 2008, it was a horrible way to create revenue for the cash strapped transit agency due to […]
Putnam County To Join MTA Payroll Tax Lawsuit
A few weeks ago, I wrote about how the town of East Meadow in Nassau County was joining the fight against the nonsensical MTA Payroll Tax a.k.a The Metropolitan Commuter Transportation Mobility Tax. A businessman filed a lawsuit against New York State claiming the tax was against the State Constitution. The beef with the tax […]
MTA Estimates $52M In Unused Fares
One little piece of revenue for the MTA is something unknown to casual riders. The revenue I am referring to is fare liability. This is the amount of money the MTA makes when riders do not use the full monetary amount on their MetroCard & let it lapse or from the purchase of fares not […]
