Recent Streetsblog NYC posts about Transit Funding

Cuomo Budget Includes No Transit Raids, Opens the Door to Massive MTA Debt

By Noah Kazis | Jan 17, 2012 | 4 Comments

Governor Andrew Cuomo’s 2012 budget, released this afternoon, offers what now passes for good news for transit: maintenance of the status quo. The budget breaks the three-year streak of raiding dedicated transit funds to patch up the state’s deficit, and it restores the hundreds of millions of dollars that Albany cut from the MTA’s payroll […]

Ravitch: Big Business, Cuomo Have Failed to Lead on Transportation

By Noah Kazis | Jan 13, 2012 | 5 Comments

New York’s infrastructure is dangerously underfunded and threatening to cripple the region’s economy, warned former lieutenant governor and MTA chairman Richard Ravitch in a speech on Thursday. Having taken the helm of the transit authority in 1979, at the system’s absolute nadir, Ravitch knows a thing or two about what it takes to bring the […]

For Second Year, MTA Funding Tops NYLCV’s Transpo Agenda

By Noah Kazis | Jan 10, 2012 | 1 Comment

Between continued raids on dedicated transit funds, a cut to the MTA payroll tax, and the state’s decision to pay for the last three years of the MTA capital plan with debt, 2011 wasn’t a good year for the MTA’s finances. The New York League of Conservation Voters is hoping that 2012 turns out to […]

Lhota Stands For MTA Funding Status Quo in Confirmation Hearings

By Noah Kazis | Jan 9, 2012 | 1 Comment

This afternoon, Joe Lhota was confirmed as the new chairman of the MTA. Hearings held earlier today provided a glimpse into the kind of leadership New York transit riders can expect from Lhota. The new chairman defended the MTA from the most strident attacks of anti-transit state senators. When it came to the question of […]

Reminder: The MTA Chair Is Not an Omnipotent Transit God

By Brad Aaron | Jan 5, 2012 | 2 Comments

Jay Walder may have exaggerated when he claimed this week to have put the city transit system “back on firm financial footing” during his stint as MTA chairman, but he did show remarkable reserve in not letting loose on Albany for undercutting rail and bus service at every turn. Unfortunately the media failed to fill […]

Red Flags for Transit in Cuomo’s State of the State Address

By Ben Fried | Jan 4, 2012 | 7 Comments

Governor Andrew Cuomo focused heavily on jobs and the economy in his 2012 State of the State address this afternoon. He also devoted a few minutes to his infrastructure initiatives. Yet, despite serving as chief executive of the state where residents depend the most on transit service and transit infrastructure for access to jobs, Cuomo […]

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