MTA Finances
MTA Looks To Lowball Transit Workers
Flash back to a week ago when I wrote about how TWU Local 100 President Roger Toussaint promised no repeat of the 2005 Transit Strike. The 3 day strike which crippled the tri-state region especially NYC is an event no one wants to relive. Even though the promise was publicly made, I wonder if Roger […]
Brooklyn Borough President Comments On East River Bridge Toll Proposal
The plan is not a secret to anyone who has not lived under a rock recently. The Ravitch Commission is in charge of recommending new ways for the MTA to bring in different sources of dedicated funds. One of the proposals that is to be submitted as part of next month’s report calls for tolls […]
Service Cuts Are Looming
Three days ago I responded to a comment left by one of my regular readers Abba. She asked if I felt service cuts would happen. I responded by saying “If I had to give a percentage on the chance of service cuts, I would say 5% as of this message.” Unfortunately after yesterday’s special meeting […]
MTA Budget Deficit Grows To $1.2 Billion
Earlier this morning I watched the special MTA Finance Committee meeting that was scheduled to allow staff to present the board with updated information on revenue and expense projections for the agency’s operating budget. As expected the presentation featured an increased deficit & many questions as to what can be done to get out of […]
East River Bridge Tolls In The Near Future?
Ask many drivers what they think about the current toll structure & you are bound to hear one complaint after another. Well get ready for even more complaints if a plan to add tolls to the East River crossings goes into effect. The plan calls for adding tolls to the 59th Street, Brooklyn, Manhattan, & […]
