Richard Ravitch
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Ravitch Commission Hearings Announced
The Ravitch Commission, formed to recommend MTA funding sources for the next decade, has scheduled three public hearings later this month. The Tri-State Transportation Campaign's Mobilizing the Region has the scoop:
September 5, 2008
The Biggest Fare Hike Factor? It Could Be MTA Debt
Saturday's Times delved into the history of the MTA's mounting debt burden, which, along with rising fuel costs and plummeting revenues from the real estate transactions tax, has severely squeezed the authority's finances:
July 28, 2008
Will Richard Ravitch Resurrect Congestion Pricing?
Marc Shaw, former chair of the Traffic Congestion Mitigation Commission, caused something of a stir in the local press on Friday, when he predicted that congestion pricing would "rise again" as a proposal to toll East River bridges and a cordon across 60th street. Speaking at a panel discussion at the RPA's Regional Assembly, Shaw said he had been told by Richard Ravitch, the one-time MTA head who's been asked by Governor Paterson to devise ways to shore up the agency's finances, that pricing is "on his agenda."
April 22, 2008