Comments on: As Albany wavers on MTA money, cuts and hikes simmer on the horizon http://secondavenuesagas.com/2008/03/31/as-albany-waver-on-mta-money-cuts-and-hikes-simmer-on-the-horizon/ A New York City Subway Blog Sat, 22 Nov 2008 14:06:26 +0000 http://wordpress.org/?v=2.6 By: Second Ave. Sagas | Blogging the NYC Subways » Blog Archive » Russianoff praises congestion pricing’s transit lockbox http://secondavenuesagas.com/2008/03/31/as-albany-waver-on-mta-money-cuts-and-hikes-simmer-on-the-horizon/#comment-32178 Second Ave. Sagas | Blogging the NYC Subways » Blog Archive » Russianoff praises congestion pricing’s transit lockbox Thu, 03 Apr 2008 04:59:42 +0000 http://secondavenuesagas.com/2008/03/31/as-albany-waver-on-mta-money-cuts-and-hikes-simmer-on-the-horizon/#comment-32178 [...] Indirectly, then, Russianoff’s piece brings us to another conclusion: The MTA has suffered financially not because they have been denied funds from their dedicated revenue sources but because state and city institutions have not come through with fiscal contributions to the transit authority. For decades, public officials have promised the MTA money to cover budget gaps when dedicated revenue streams can’t cover everything, and for decades, public officials have reneged on those promises. For the most recent example of this, we need look no further than Monday when news came that Albany may not deliver all that was once promised. [...] [...] Indirectly, then, Russianoff’s piece brings us to another conclusion: The MTA has suffered financially not because they have been denied funds from their dedicated revenue sources but because state and city institutions have not come through with fiscal contributions to the transit authority. For decades, public officials have promised the MTA money to cover budget gaps when dedicated revenue streams can’t cover everything, and for decades, public officials have reneged on those promises. For the most recent example of this, we need look no further than Monday when news came that Albany may not deliver all that was once promised. [...]

]]> By: Second Ave. Sagas | Blogging the NYC Subways » Blog Archive » City Council approves amended congestion fee bill http://secondavenuesagas.com/2008/03/31/as-albany-waver-on-mta-money-cuts-and-hikes-simmer-on-the-horizon/#comment-31951 Second Ave. Sagas | Blogging the NYC Subways » Blog Archive » City Council approves amended congestion fee bill Tue, 01 Apr 2008 05:08:03 +0000 http://secondavenuesagas.com/2008/03/31/as-albany-waver-on-mta-money-cuts-and-hikes-simmer-on-the-horizon/#comment-31951 [...] and it couldn’t have come at a better time. After facing lower-than-expected revenues and the threat of less money from Albany, the MTA needed a win, and they have received at least a provisional win. The money from the [...] [...] and it couldn’t have come at a better time. After facing lower-than-expected revenues and the threat of less money from Albany, the MTA needed a win, and they have received at least a provisional win. The money from the [...]

]]> By: Cap'n Transit http://secondavenuesagas.com/2008/03/31/as-albany-waver-on-mta-money-cuts-and-hikes-simmer-on-the-horizon/#comment-31946 Cap'n Transit Tue, 01 Apr 2008 04:12:10 +0000 http://secondavenuesagas.com/2008/03/31/as-albany-waver-on-mta-money-cuts-and-hikes-simmer-on-the-horizon/#comment-31946 Maybe Spitzer promised, but Brodsky did too. We'll see if he comes through tomorrow. Maybe Spitzer promised, but Brodsky did too. We’ll see if he comes through tomorrow.

]]> By: The Secret Conductor http://secondavenuesagas.com/2008/03/31/as-albany-waver-on-mta-money-cuts-and-hikes-simmer-on-the-horizon/#comment-31865 The Secret Conductor Mon, 31 Mar 2008 07:41:49 +0000 http://secondavenuesagas.com/2008/03/31/as-albany-waver-on-mta-money-cuts-and-hikes-simmer-on-the-horizon/#comment-31865 Well... may Albany didn't promise... maybe just Spitzer just did. Now with Spitzer gone, many of the things that was promised for the MTA, including promised made to MTA employees will go undone. Also keep in mind that Albany did the same thing with NYC education. The state still has not paid, even though the judge has ordered them to do so. But they take the tax money generated from NYC. The MTA is a major reason why NYC generates so much money... and yet it will do its best not to pay for it. Well… may Albany didn’t promise… maybe just Spitzer just did. Now with Spitzer gone, many of the things that was promised for the MTA, including promised made to MTA employees will go undone.

Also keep in mind that Albany did the same thing with NYC education. The state still has not paid, even though the judge has ordered them to do so.

But they take the tax money generated from NYC. The MTA is a major reason why NYC generates so much money… and yet it will do its best not to pay for it.

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