MTA Finances
MTA Looking To Ads To Add Financial Muscle
We all know the MTA is in deep trouble on the financial front. So any source of income is seen as a good thing to them. The current sector they hope to make even more money in is advertising. The agency which made $106 million dollars last year from advertising projects to earn $110 million […]
Elliot Does Better Than Expected…..
A little under a month ago, news came out about a raise for MTA CEO/Executive Director Elliot Sander. After the news came out, there was outrage shared by many including myself. When MTA Board Chairman Dale Hemmerdinger was questioned about the timing of the raise, he kept justifying it by comparing Mr. Sander’s salary to […]
LIRR Earns Millions From Scrap Metal
Earlier today the MTA’s Long Island Rail Road (LIRR) division issued a press release highlighting the $3 million dollars earned from the sale of salvageable scrap metal. Here is the full release courtesy of the MTA: MTA Long Island Rail Road President Helena Williams reported today that the sale of scrap metal salvaged by the […]
Another Perk Bites The Dust
Three days ago I wrote about how Alison Gendar and Pete Donohue of the New York Daily News exposed how 60 MTA Bridge & Tunnel employees were given the use of MTA owned vehicles which also came with no expense for gas. Due to their report, MTA CEO/Executive Director Elliot Sander has called for an […]
MTA Statement On Capital Program Deferrals
The MTA has issued a statement on their capital program deferrals. The MTA has a limited allocation of capital funds, and it is required to keep its spending within this budget. A nationwide run-up in construction costs has dramatically increased the price of many critical MTA projects. To stay within the overall capital budget, the […]
