The Metropolitan Transportation Authority (MTA) passed its long feared “doomsday budget” Wednesday morning in the face of a $1.2 billion debt. NEW YORK—The Metropolitan Transportation Authority (MTA) ...
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MTA boss brags about balancing MTA’s budget — as he ignores fare hikes, $1.5B in casino cash
M-T-give-us-A-break! Transit boss Janno Lieber patted himself on the back Tuesday for balancing the MTA’s budget — conveniently ignoring fare hikes and a $1.5 billion casino money boost. Lieber, ...
Just one year after projecting five straight years of balanced budgets, the Metropolitan Transportation Authority now says it expects a combined $900 million budget deficit in 2027 and 2028. Officials ...
Persistent fare evasion and a decline in real estate tax revenues were on track to land the MTA’s day-to-day operating budget in a $428 million deficit in 2027, with a $469 million deficit projected ...
The MTA board approved a $21.3 billion operating budget for 2026 on Wednesday — a plan that leans heavily on a robust economy to keep New York’s transit system afloat. The plan anticipates a robust ...
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MTA already blew overtime budget by $176M — as 1K workers raked in more from extra pay than base salaries
Nearly 1,000 MTA workers raked in more overtime than they did from their base salaries last year, records showed — as the agency has already overspent this year’s OT budget by a whopping $176 million.
The loss of congestion pricing revenue will affect more than just the long-term expansion of the MTA’s transit system — it could leave aging subway cars to run on poorly maintained tracks and sideline ...
The MTA is moving forward with a budget plan that could include fare and toll hikes. It would potentially impact Metro-North riders in the Hudson Valley. "That's crazy, they shouldn't do that. I think ...
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MTA may bump fare prices up 4% in preliminary budget plan for 2027
The MTA may bump fare prices in 2027, according to their preliminary budget.
The MTA chief declined to share ideas Thursday on how to plug the agency's $35-billion budget hole, but suggestions from outside groups include taxing deliveries in the Big Apple. MTA Chairman and CEO ...
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