Gov. David Paterson, long threatening to block the MTA’s $28 billion five-year capital plan, has seen his wish come true. Stan Gee, the Governor’s one representative to the state’s capital review board, has voted against approval for the five-year campaign. Even though the other commissioners voted for the plan, the CRB is required to approve proposals unanimously.
This rejection will send the MTA back to the drawing board, and State Sen. Craig M. Johnson urged a quick revision from the authority. “In light of Acting Commissioner Gee’s veto of the proposed 2010-2014 Capital Plan, I strongly recommend the MTA reaccess [sic] its capital needs and present a better, balanced, and more responsible plan to the CPRB,” he said. “There has to be a better way than the $28.1 billion proposal passed by the MTA Board, which had a $10 billion deficit and funding for only two of the plan’s five years. I am confident the MTA and its board can scale down the proposed capital plan in a very short time based on witnessing the breathtaking speed the MTA was able to reduce its operating budget by more than $400 million.”
Happy 2010, MTA.