MTA Finances
MTA: No Money For Raises This Year
Four days ago, I touched on a report in the New York Daily News which talked about how raises for MTA employees were in jeopardy due to their ongoing financial crisis. The prospects of raises looks even bleaker just a few days later as the MTA is preparing to tell workers, they do not have […]
MTA Completes Sale Of $1.25B In Bonds
Regardless of where you look within the huge agency that is the MTA, bad news is usually the main course when it comes to finances. So it was a breath of fresh air for the agency to here some good news for a change which came in the form of a completed sale of $1.25 […]
Correctly Placing The Potential Blame
This morning’s edition of the New York Times will feature a strong editorial on how the State Senate will be responsible if the MTA’s “doomsday scenario” goes into effect. Here is a sample: Time is running out for more than eight million public transit riders in the New York City metropolitan area. On May 31, […]
Senate’s Latest MTA Proposal Is Floundering
As usual, Senate Majority Leader Malcolm Smith is having to deal with the dreaded foot in mouth disease. He seemed quite confident that the 32 votes needed to pass the Senate’s latest MTA funding proposal were at his disposal. When he first expressed this sentiment, Assembly Speaker Sheldon Silver immediately countered with the question of […]
Malcolm Says The Proposal Will Pass
A little over 6 hours ago, I wrote about the State Senate’s latest proposed MTA funding package which I felt was a complete dud. In that entry, I had also linked to another piece from Politicker NY which focused on Assembly Speaker Sheldon Silver wondering if the proposal had enough votes to pass. According to […]
