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Fare Hikes Could Come To Metro-North To Address 'Fiscal Cliff': MTA - New Rochelle, NY - Post-COVID impacts including dramatically reduced ridership has led to a deep budget shortfall,...
Grab a peek at redesigned subway gates that MTA officials believe could combat fare evasion — a $285 million problem last year, they say. Matt Troutman , Patch Staff Posted Thu, May 18, 2023 at...
NEW YORK CITY — As transit officials argue the MTA's budgeting woes can be fixed with a 500-cop crack down on turnstile jumpers, the city comptroller suggested Monday perhaps the agency shouldn ...
The MTA has consistently run on a deficit, but increased spending in 2000–04 coupled with the economic downturn led to a severe increase in the financial burden that the MTA bore. The budget problems stem from multiple sources. The MTA cannot be supported solely by rider fares and road tolls.
: 8 (PDF p.11) In 1999, the MTA proposed a $17 billion five-year capital budget. This budget included a $1.6 billion LIRR connection to Grand Central, as well as several subway extensions. The project's final environmental impact assessment (FEIS) was released in March 2001.
By December 2020, the MTA had decided not to implement a budget that would have resulted in 40% service cuts and massive staff layoffs, under the assumption that Congress would give $4.5 billion of aid to the MTA.
The MTA has already held about 25 public outreach events and hearings and responded to 70,000 comments from residents, Lieber said. ... State as "a convenient way to fill an MTA budget hole ...
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.
NJ Transit’s budget crisis, spending practices and recent decisions to plug its deficits, namely the controversial decision to raise NJ Transit’s fares 15% this July and institute an annual 3% ...
The pilot program, which was funded to the tune of $15 million as part of Gov. Hochul’s MTA budget, will temporarily make one line per borough free to use starting Sept. 24. The trial is set to ...