Search results
Results from the Go Local Guru Content Network
NEW YORK CITY — The coronavirus pandemic will leave the MTA with a $16.2 billion budget deficit if the transit agency doesn't cut costs and receive billions in federal aid, officials said.
The deficit would then stand at $600 million in 2023 and $1.2 billion in 2024 and 2025. The fare hike would result in $50 million in revenue in 2023, and $100 million in 2024. The increase would ...
The budget deficit of the MTA is a growing crisis for the organization as well as for New York City and State residents and governments. The MTA held $31 billion in debt in 2010 and it also suffered from a $900 million gap in its operating budget for 2011. [130]
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.
The Nassau Inter-County Express ( NICE) is the local bus system serving Nassau County, New York. It also serves parts of western Suffolk County, New York as well as eastern portions of the New York City borough of Queens. It was formerly operated under the name of MTA Long Island Bus (the trading name of the Metropolitan Suburban Bus Authority ...
US budget deficit hits $2.77 trillion in 2021, 2nd highestaol.com- Biden budget seeks minimum tax on households worth $100maol.com
- Moody’s cuts U.S. outlook to negative, citing deficits and political polarizationaol.com
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 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 ...
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 anyway.
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 ...
The other is Gov. Phil Murphy's state budget proposal to create a corporate transit tax that would impose a 2.5% charge on companies that earn more than $10 million a year — money that would ...