MTA Finances
Do We Really Need All These Executives?
According to the MTA they do as the recently released 2009 preliminary budget plan by the MTA features calls for the elimination of approximately 500 jobs. Unsurprising to most, none of those jobs are “suits” within MTA Headquarters. Pete Donohue of the Daily News has the report: The MTA plans on cutting hundreds of positions […]
MTA’s Preliminary 2009 Budget & Four Year Financial Plan
A very short time after MTA CEO/Executive Director Elliot Sander finished his presentation on the MTA’s financial plan, I received an e-mail highlighting the main points. Here are those details: The Metropolitan Transportation Authority (MTA) today released its Preliminary Budget for 2009 and proposed Four-Year Financial Plan for 2009-2012. The MTA Board will not consider […]
MTA To Release Financial Plan
Yesterday afternoon I received an e-mail from MTA Headquarters to announce the release of their financial plan. I wish I could attend but I have some business appointments in Long Island that I must tend to. I will do my best to watch the presentation online & report about the plan which I’m sure will […]
MTA Cutting Its Budget By $61M
The MTA is in a major hole financially. This is not news to any of us who keep tabs with all the happenings in & around the MTA. In keeping with the bad financial news theme comes a report about the MTA’s New York City Transit division cutting its budget by $61 million dollars. This […]
MTA Could Save Millions
According to a group of elected officials, the MTA could save millions by leasing or selling the former NYC Transit headquarters at 370 Jay Street. Matthew Sweeney of AMNY has the story: When they look at its nearly vacant building at Jay and Willoughby streets in Downtown Brooklyn, some critics of the MTA see an […]
