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) ...
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 ...
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 ...
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 ...