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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.
Subway Chief Cites Fare-Beating In MTA Budget Woes Andy Byford said fare evasion is a factor in the MTA's budget problems, drawing fire from the Manhattan DA's office.
Subway Fare Hikes Won't Fix MTA's Budget Woes, Comptroller Says - New York City, NY - The MTA plans to increase subway fares in 2019 and 2021. It'll face a $634 million budget gap in 2022...
MTA Expects $16B Budget Deficit By 2024 After Coronavirus - New York City, NY - Service cuts and fare increases are likely if the federal government doesn't approve billions in bailout funds...
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.
The New York City Subway began to provide underground cellular phone with voice and data service, and free Wi-Fi to passengers in 2011 at six stations in Chelsea, Manhattan. The new network was installed and owned by Transit Wireless as part of the company's $200 million investment. [211]
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,...
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 ...
Officials Worry MTA Budget Puts Subways On 'Chopping Block' The MTA Board approved the $16.1 billion plan despite objections from Mayor Bill de Blasio's appointees. Noah Manskar , Patch Staff
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 ...