MTA Finances
MTA Worries About How It Will Fund The Next Capital Plan
Amidst all the talk of budget deficits & probable service cuts, one huge issue is overlooked by the general public. What issue might that be? The next 5 year “Capital Plan” which is the separate budget that pays for things such as construction, maintenance, & new equipment. As of right now, the huge operating budget […]
MTA Might Look To Increase Fare & Toll Revenue By 23%
Will the W seen here departing the 36th Ave station on its way to Astoria-Ditmars Blvd turn into a thing of the past? Resized photo courtesy of Eye On Transit. Yesterday afternoon I wrote about the huge service cuts bombshell provided by New York Daily News reporter Pete Donohue. The bombshell included specific details of […]
NYC Councilman John Liu Wants Federal Bailout For The MTA
While browsing the net late last night, I decided to visit StreetsBlog to see what I might have missed on the transportation front. After scrolling down the page, I found an article by Brad Aaron which talks about how NYC Councilman John Liu wants a federal bailout for the MTA. Mr. Liu made his feelings […]
MTA’s Doomsday Scenario?
As you know by now, the MTA is facing a huge budget deficit. The deficit seems to get bigger everytime you look. The prospects look so bleak that talk of actual service cuts has surfaced. The last thing our system needs is service cuts when ridership is at a very high level & will continue […]
MTA Looks To Close More Token Booths
If the MTA has its way, straphangers will see the closing of more token booths. Along with this would bring an end to the controversial “Station Agent” program. If you recall this program which was implemented 3 years ago saw the agency move approximately 600 agents from inside the booth to outside of it to […]
