Transit Funding
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Citizens Budget Commission: MTA Capital Program Must Change Course
The fight over how to fund the MTA's next capital plan is just starting to heat up, with worries over disappearing federal dollars, ever-expanding debt, and proposals for new revenue sources. Before the funding discussion gets going in earnest, a new report from the Citizens Budget Commission [PDF] begs the region's transportation policymakers to take a step back and consider a more fundamental question: Does this plan prioritize the right things?
October 24, 2014
DiNapoli: If Cuomo Borrows More for the MTA, Get Ready for Fat Fare Hikes
Without a commitment from the state to close the $15.2 billion gap in the MTA's capital program, the cost of a MetroCard is likely to spike as the MTA adds to its cumbersome debt load, according to a new report from Comptroller Tom DiNapoli [PDF]. The warning comes as Governor Andrew Cuomo and the legislature begin the very early stages of negotiations over funding the capital plan, which maintains, upgrades, and expands the transit system.
October 21, 2014
Trottenberg: Federal Cuts Could Make MTA Funding Gap Even Bigger
Transportation Commissioner Polly Trottenberg said today that the MTA is making "optimistic assumptions" about federal funding as it plans its next five-year capital program. The agency has identified only half the funds to cover the projected costs of the plan, which maintains, upgrades, and expands the transit system. At a panel with top-level city agency heads this morning, Trottenberg, who sits on the MTA board, warned about a possible cut in federal support, which would further widen the funding gap.
October 17, 2014
Fair Tolls: Fixing NYC’s Gridlock and Transit Shortfall in One Fell Swoop
When Governor Nelson Rockefeller merged New York's commuter rail lines, the NYC Transit Authority, and Robert Moses’s Triborough Bridge and Tunnel Authority to form the Metropolitan Transportation Authority in 1968, he had several motives. The new agency consolidated political power, made more efficient use of regional infrastructure, and devoted surplus bridge and tunnel toll revenues to rescue a faltering transit system.
October 7, 2014
Unlike Toll Reform, a Sales Tax Really Is a Regressive Way to Fund Transit
The MTA capital program is facing a $12 billion shortfall, according to Comptroller Thomas DiNapoli, and unless that gap is closed, transit riders will end up paying even more to cover the agency's ballooning debt load. There's one clear way to address that problem while cleaning up the traffic mess that ensnares motorists, bus riders, pedestrians, and cyclists alike -- raising revenue by reforming NYC's broken toll system. But a leader of Governor Cuomo's MTA Reinvention Commission appears to favor a regressive option that won't fix the dysfunction on city streets.
July 29, 2014
Affordable Bus and Subway Fares Are Still Worth Fighting For
When the MTA introduced the 30-day unlimited-ride MetroCard in 1998, it cost $63. Today the cost of the 30-day pass is up to $112, a 77 percent increase. Over that time the base subway and bus fare doubled, from $1.25 to $2.50.
July 24, 2014
Hints About Woodhaven BRT at MTA Reinvention Commission Panel
The "transportation reinvention commission" convened at the request of Governor Andrew Cuomo kicked off its public hearings yesterday with a panel of experts at MTA headquarters. Appointees, still trying to figure out the commission's exact role, chewed over some of the region's big transportation issues in a discussion that mostly lacked specifics. Still, there were a few notable comments, including new information about Bus Rapid Transit on Woodhaven Boulevard from NYC DOT Commissioner Polly Trottenberg.
July 16, 2014
City Council: Drivers With Free On-Street Parking Have Suffered Enough
It may be the Vision Zero era, but some thingsneverchange. If you're looking for cost-free, consequence-free storage of your private automobile in public space, the City Council still has your back.
June 30, 2014
Why the Senate Transportation Bill Will Devastate Transit
Transit officials lined up today to make clear that holding transit spending at current levels -- as the Senate’s transportation authorization bill does -- will put transit systems at risk of falling further into dangerous disrepair.
May 22, 2014
Panel: NYC Electeds Need to Get Serious About Funding Infrastructure
This morning, the Association for a Better New York, a business group, hosted a discussion on the city's infrastructure. The focus was squarely on transportation, and the message wasn't pretty. Panelists warned of dire consequences if elected officials don't act on the precarious state of transportation funding.
April 23, 2014