Comments on: With new state budget release, MTA’s finances head further south

By: State Senate, under GOP control, aims for payroll tax :: Second Ave. Sagas

State Senate, under GOP control, aims for payroll tax :: Second Ave. Sagas — Mon, 06 Dec 2010 16:43:48 +0000

[...] development, first reported in February, drives home the need for a better and more reliable source of revenue for the MTA. Tom Namako at [...]

By: New York City

New York City — Thu, 04 Feb 2010 07:30:48 +0000

[...] reading here: With new state budget release, MTA's finances head further south … – JOIN THE INVESTORS CLUB [...]

By: Brother, can you spare eight billion dimes? :: Second Ave. Sagas | A New York City Subway Blog

Thu, 04 Feb 2010 06:49:25 +0000

[...] « With new state budget release, MTA’s finances head further south Feb [...]

By: Abba

Abba — Thu, 04 Feb 2010 04:50:05 +0000

So what can we expect for the fare hike next year?

By: Anon

Anon — Thu, 04 Feb 2010 02:01:39 +0000

The idea of appropriating money from Public Parking to fund MTA should be revisted.

Public Parking Meters in NYC should be more aligned to that of private parking. The cost should be about half

and these funds should be earmarked for public transportation.

not sure where the funds are directed now… let’s say DOT gets to keep funds… ok, at least split these funds with MTA.

By: rhywun

rhywun — Thu, 04 Feb 2010 01:25:22 +0000

Things just keep getting more "interesting". If the economy doesn't turn around and once again sweep the city and state's persistent waste, fraud, and abuse under the rug, something's gonna blow.

By: Red

Red — Wed, 03 Feb 2010 23:05:57 +0000

Bridge tolls and congestion pricing are not going to happen in the half-year or so before the service cuts are scheduled to come in. I doubt they will happen this year, in fact, given the number of folks up for election.

And Ben, while you make a strong case that many of the proposed MTA cuts should be seen as efficiencies, what about if another $100 million in cuts come down the line? Or something equivalent to the old doomsday cuts? Is there some point at which flexing stimulus cash for operating becomes justifiable given the likelihood that job-killing transit cuts may be on the way?

Preserving transit service so people can get to work is as valid a use of stimulus funds as infrastructure investment. It’s hard for many people to take at face value a suggestion that, for example, $50 million invested in the Fulton Street Transit Center is more to the public good than $50 million invested in service during a time of economic crisis.