MTA Finances
MTA Gas Choices Cost Taxpayers $39M
The MTA’s bus fuel contract is once again in the news & yet again it is in an unfortunate light. Back in September 2008, I wrote about how the agency was being price gouged on the contract by long time supplier Sprague Energy Corp. Fast forward to 2009 when I wrote about the agency announcing […]
MTA Statement On Targeting Overtime Costs
In the entry below, I referenced a report in yesterday’s New York Post which talked about the MTA’s desire to crack down on overtime abuse. Earlier this afternoon, the MTA sent me a press release highlighting their desire & points of emphasis on cutting back on overtime costs: The MTA today announced plans to significantly […]
MTA Looks To Crack Down On OT Abuse
MTA CEO & Chairman Jay H. Walder is obsessed with fixing the MTA’s budget woes. One of his main fights is against what he finds is blatant overtime abuse. Yesterday’s edition of the New York Post had a report from Tom Namako about the agency’s attempt to do just that: A far-reaching crackdown on union […]
MTA Dumps Goldman Sachs
The MTA is by far one of the most unpopular agencies in our area. However another agency by far trumps it in the unpopular category & on a much bigger scale. The agency in question is Goldman Sachs who the MTA announced it will no longer employ as its financial advisor. Tom Namako of the […]
Editorial: The MTA & TWU Need To Bargain
Most of the latest round of war between the MTA & Transport Workers Union Local 100 (TWU Local 100) has been fought in the media. I like others including TWU Local 100 President John Samuelsen feel the two sides need to negotiate privately instead of through the media. Now we can add a writer to […]