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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. [205]
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.
On February 1, 2023, as part of her Executive Budget proposal to the New York State Legislature, Governor Kathy Hochul proposed raising the MTA payroll tax, a move projected to increase revenue by $800 million, and also giving the MTA some of the money from casinos expected at present to be licensed soon for business in Manhattan. [153]
In April 2012, citing budget considerations, the director of the MTA, Joe Lhota, said that it was doubtful the extension would be built in the foreseeable future, suggesting that the Gateway Project was a much more likely solution to congestion at Hudson River crossings. [18]
Andy Byford said fare evasion is a factor in the MTA's budget problems, drawing fire from the Manhattan DA's office. Noah Manskar , Patch Staff Posted Wed, Nov 21, 2018 at 4:39 pm ET |...
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,...
MTA Must Make Plan To Tackle Fare Evasion Under State Budget - New York City, NY - The state budget requires the MTA to create a fare evasion plan with input from the mayor, the governor...
The Third Avenue station is a station on the BMT Canarsie Line of the New York City Subway. Located at the intersection of Third Avenue and East 14th Street in East Village, Manhattan, [3] [4] it is served by the L train at all times.
Officials Worry MTA Budget Puts Subways On 'Chopping Block' - New York City, NY - The MTA Board approved the $16.1 billion plan despite objections from Mayor Bill de Blasio's appointees.
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 North America, [4] the NYCTA has a daily ridership ...