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New York's public transit system will stop work on a planned subway line expansion and retreat from other maintenance and improvement projects because of a $16.5 billion shortfall caused by Gov ...
Nighttime toll rates will be $3.75. "Trucks and buses will pay a toll of $24 or $36 during the day, depending on their size and function, and $6 or $9 at night," the MTA’s congestion pricing ...
Subway Chief Cites Fare-Beating In MTA Budget Woes - New York City, NY - Andy Byford said fare evasion is a factor in the MTA's budget problems, drawing fire from the Manhattan DA's office.
2017–2021 New York City transit crisis. In 2017, New York Governor Andrew Cuomo declared a state of emergency for the Metropolitan Transportation Authority (MTA) due to ongoing reliability and crowding problems with mass transit in New York City. This order applied particularly to the New York City Subway, which was the most severely affected ...
The budget problems stem from multiple sources. The MTA cannot be supported solely by rider fares and road tolls. In the preliminary 2011 budget, MTA forecasted operating revenue totaled at $6.5 billion, amount to only 50% of the $13 billion operating expenses. [133] Therefore, the MTA must rely on other sources of funding to remain operational.
MTA bailout and free buses. The cash-strapped MTA will get $1.1 billion in the budget deal — a bailout that likely will forestall fare hikes. The deal proposes to do this by raising the state's ...
The New York City Transit Authority (also known as NYCTA, the TA, [2] or simply Transit, [3] and branded as MTA New York City Transit) is a public-benefit corporation in the U.S. state of New York that operates public transportation in New York City. Part of the Metropolitan Transportation Authority, the busiest and largest transit system in ...
Traffic & Transit Subway Fare Hikes Won't Fix MTA's Budget Woes, Comptroller Says The MTA plans to increase subway fares in 2019 and 2021. It'll face a $634 million budget gap in 2022 anyway.