MTA Finances
MTA CEO Does Not Rule Out Fare Hikes
The following story in today’s New York Daily News is just the type of piece that will have the masses screaming bloody murder over the raises awarded to MTA workers via an arbitration panel. The piece focuses on how interim MTA CEO/Executive Director Helena Williams can’t rule out fare hikes due to the 11% raises […]
NYDN Editorial: “Great Train Robbery”
Yesterday evening I continued my coverage of TWU Local 100 members winning raises via arbitration. In the last entry on the subject, I commented on how I was shocked at the lack of response from other sources besides the MTA. I spoke too soon as a few hours later, the New York Daily News’ website […]
Transit Workers Win Raises Via Arbitration
Yesterday morning I blogged about the exclusive New York Daily News report which talked about transit workers being poised for healthy raises. The report was enough to spark a response from Mayor Bloomberg who yesterday afternoon, warned that riders will have to foot the bill for these raises. Frank Lombardi of the New York Daily […]
Transit Workers Poised For Healthy Raises
In a story that will be sure to piss off the anti-union & anti-blue collar workers that keep the MTA running, transit workers are poised for healthy raises as part of a new contract. The raises which come out to 4% annually would increase costs for the MTA by approximately $400 million. Pete Donohue of […]
MTA Releases 2010 Preliminary Budget & Financial Plan
Earlier today, the MTA released its 2010 Preliminary Plan & 4 year proposed Financial Plan. Here is a press release sent to me by the agency highlighting some key points: The Metropolitan Transportation Authority (MTA) today released its 2010 Preliminary Budget and proposed Four-Year Financial Plan for 2010-2013. The MTA Board will not consider a […]
