Transit Takes Another Hit: $104 Million More in MTA Cuts on the Table

Governor Paterson released a draft budget proposal today in which the dedicated taxes and fees that fund the MTA take another big hit. In a statement, MTA Chair Jay Walder said the budget would deliver $104 million less than expected for the agency in 2010.

That $104 million comes on top of $143 million the state took from the MTA last December to plug a looming budget gap, and the huge shortfall in revenue from the recently enacted payroll tax. 

In related news (file under "crisis equals opportunity"), the draft budget also proposes deploying speed enforcement cameras, which would be a first for New York State. The cameras would be located "in 40 work zones and 10 additional areas," according to the Times-Union.

We’ll have more on these stories as they develop. For now, I think it’s a good time to revisit the question that John Kaehny posed here last month. Are bridge tolls dead, or are they inevitable?

ALSO ON STREETSBLOG

Cuomo Cuts $100 Million to Transit [Updated]

|
Reactions to Governor Cuomo’s proposed budget are beginning to come in. The cuts to transit, which are being pegged at $100 million, are being portrayed as painful, though perhaps not devastating. The MTA itself sees Cuomo’s plan as cutting $100 million from its budget, not the $57 million we estimated earlier. That’s $200 million in […]

Cuomo Gets His Way, and Transit Riders Get the Shaft

|
Governor Andrew Cuomo won’t be denied. Overriding proposals from the Assembly and State Senate, the governor continues to pick the pocket of New York City’s transit system, diverting $30 million from the MTA in the state budget. Cuomo had originally proposed a $40 million raid, so it could have been worse. But because this diversion […]

Comptroller: Paying for MTA Capital Plan With Debt Will Crush Riders

|
What does it look like when mild-mannered accountants hit the panic button? Something like the latest report on MTA finances from State Comptroller Tom DiNapoli’s office [PDF]. According to the comptroller, the MTA is entering a financial situation unprecedented since the agency’s first capital plan in 1982. In 2009, the transit agency put forward its […]
No matter how bad the service gets, transit riders will always have these USB ports.

Cuomo Breaks Another Promise to Transit Riders

|
Five years ago, Cuomo promised to allocate $320 million annually to the MTA to make up for cutting one of the agency's dedicated revenue streams. At the time, advocates warned that Cuomo wouldn't keep his promise for long. They were right: This year the governor's draft budget calls for a $65 million cut to MTA funding.