Recent Streetsblog NYC posts about Transit Funding

Will Cuomo Sign the Transit Lockbox Bill?

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The transit lockbox bill, which would require Albany to disclose the impacts of any raid of dedicated transit funds, passed both the Senate and Assembly unanimously in the final days of the legislative session, reports the Tri-State Transportation Campaign. It now heads to Governor Andrew Cuomo’s desk. A nearly identical bill reached Cuomo in 2011, […]

Budget Sequester Could Throw a Wrench Into Transit Expansion Projects

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The consequences of the near-certain sequester for aviation have been well publicized by Transportation Secretary Ray LaHood’s recent media blitz, but less well-known are the effects for surface transportation. LaHood broke that silence in a memo to department staff earlier this week and released yesterday by Politico, warning that even after taking measures like “instituting hiring freezes, cutting contracts, […]