MTA Finances
NYC Transit Might Get $237 Million
Q Train idle at 21st Street-Queensbridge station during a 2007 general order. Resized photo courtesy of Eye On Transit I strongly emphasize might in the title as there are still some steps to climb before crossing the finish line. The money would come from a $1.7 billion financial aid package earmarked to help mass transit […]
Assessing The Overall Picture
More stations will look like East 143rd St.-St. Mary’s St. if the MTA’s finances don’t improve in the near future. (Resized photo courtesy of Eye On Transit) I spent most of my Monday watching the live webcast of each MTA meeting that was scheduled at their headquarters. Going into the day, I expected to hear […]
Defending Elliot’s Raise
Yesterday’s meetings at MTA headquarters were mainly highlighted by more gloomy as far as their finances go. However I will go into that in the next entry. At the end of one of the meetings, MTA CEO & Executive Director Elliot Sander took some questions from the media. Unfortunately for those like myself who were […]
MTA To Vote On Budget Savings Plan
Today is a big day for the Metropolitan Transportation Authority (MTA) or more specifically New York City Transit, as they will be voting on the proposed budget savings plan. The plan would eliminate or curb back the following: 19 station rehabs Administrative reductions Cancel bus arrival GPS pilot program Car cleaning Car quality control Repairs […]
Promised Service Upgrades Afterall?
On Tuesday, Pete Donohue of the Daily News filed a report about the promised service upgrades that were to come from our fare hike were being completely shelved. However William Neuman of the New York Times says differently in his report: A burgeoning financial crisis will prevent the Metropolitan Transportation Authority from delivering on most […]
