Search results
Results from the Go Local Guru Content Network
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.
: 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.
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 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.
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...
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,...
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...
The transit agency had budgeted $2.75 million for 205,000 Via boardings. They ended up paying $2.9 million for 127,000 boardings. The fixed-route buses managed 2.45 million boardings at a cost of ...
In New York City, a planned congestion pricing scheme will charge vehicles traveling into or within the central business district of Manhattan. This disincentivizing fee, intended to cut down on traffic congestion and pollution, was first proposed in 2007 and included in the 2019 New York state government budget by the New York State ...
Fare Hikes Grow Nearer As MTA Budget Passes - New York City, NY - The MTA's 2019 budget relies on about $270 million in revenue from fare increases planned for next year.