Recent Streetsblog NYC posts about Transit Funding

Ravitch: Tolls on Every Major Road Needed, Just to Keep Transpo Afloat

By Noah Kazis | Nov 18, 2010 | 10 Comments

Lieutenant Governor Richard Ravitch opens his new report on transportation funding in his characteristically blunt fashion: “New York State currently lacks the revenues necessary to maintain its transportation system in a state of good repair, and the State has no credible strategy for meeting future needs.” It doesn’t get any cheerier from there. Faced with […]

Is Cuomo’s Spending Cap the Real Threat to Transit Funding?

By Noah Kazis | Nov 12, 2010 | 5 Comments

With the threat of future raids on the MTA’s dedicated funds looming on the horizon, I spoke with Fiscal Policy Institute executive director Frank Mauro to continue our investigation of how to keep transit funding secure. Mauro agreed with Gene Russianoff of the Straphangers Campaign that there’s no good way to systematically prevent sweeps of […]

Cuomo Wants Budget Fix ASAP, So Another MTA Raid May Be Coming Soon

By Noah Kazis | Nov 10, 2010 | 2 Comments

If Andrew Cuomo has his way, the state legislature and Governor Paterson will close the state’s $315 million shortfall before he takes office. The push from the governor-elect means that in the next two months, New York state’s current leadership may again determine whether to close a budget gap by raiding MTA dedicated funds. Nearly […]

Can Andrew Cuomo Stop Albany From Raiding Transit Again?

By Noah Kazis | Nov 9, 2010 | 4 Comments

Yesterday, City Council transportation committee chair Jimmy Vacca and leading transportation advocates sent a letter to New York state’s current leadership urging them not to raid the MTA’s dedicated funds to close an impending $315 million budget deficit. As long as the MTA’s finances are vulnerable to Albany incursions, transit riders will be at risk. […]

Vacca and Advocates to Albany: No More Transit Raids

By Ben Fried | Nov 8, 2010 | 3 Comments

Transit advocates and City Council transportation committee chair Jimmy Vacca are sounding the alarm about potential transit funding raids before the year is out. A $315 million hole has opened up in the state budget, and unless elected officials change the way they balance the state’s books, straphangers could end up paying for Albany’s fiscal […]

Suburban State Senate Candidates Campaign Against MTA Payroll Tax

By Noah Kazis | Nov 1, 2010 | 8 Comments

With the MTA at least $9 billion short on funding for its five-year capital plan, New Yorkers who ride buses and subways should be counting on legislators to secure a new revenue stream for transit. But after tomorrow’s elections, the first transit fight in Albany may not be over new revenue at all. Repealing the […]

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