Recent Streetsblog NYC posts about Transit Funding

Livable Streets Progress in Albany Will Have to Go Through a GOP Senate

By Stephen Miller | Nov 5, 2014 | 6 Comments

Andrew Cuomo may have won re-election, but New York was no exception to the national Republican wave in yesterday’s elections. The GOP regained control of the State Senate, weakening its bond with the Independent Democratic Conference and keeping mainline Democrats in the minority. With last night’s results, the landscape for transit and livable streets legislation […]

Highlights From Today’s City Council Transportation Infrastructure Hearing

By Stephen Miller | Nov 3, 2014 | 9 Comments

Today, the City Council transportation and economic development committees held a marathon joint hearing on New York’s transportation investment needs. Top staff from the MTA and NYC DOT, including Transportation Commissioner Polly Trottenberg, fielded questions from council members for the better part of the day. Here are some highlights: Council members Jimmy Van Bramer and […]

Citizens Budget Commission: MTA Capital Program Must Change Course

By Stephen Miller | Oct 24, 2014 | 1 Comment

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 […]

DiNapoli: If Cuomo Borrows More for the MTA, Get Ready for Fat Fare Hikes

By Stephen Miller | Oct 21, 2014 | 13 Comments

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 […]

Trottenberg: Federal Cuts Could Make MTA Funding Gap Even Bigger

By Stephen Miller | Oct 17, 2014 | 1 Comment

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 […]

It’s Cuomo vs. Transit Experts on MTA Funding

By Stephen Miller | Oct 8, 2014 | 54 Comments

Yesterday, Governor Andrew Cuomo called the region’s transit investment plan “bloated” and rejected calls for new revenue. Today, MTA Chairman and CEO Tom Prendergast, speaking at a forum on best practices in regional transit governance, hammered home the need for elected officials to find new money to fill the half-funded capital plan’s $15 billion gap. “This is […]

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