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Report
Transportation
The Track to Fiscal Stability
Operations Reforms for the MTA
May 25, 2021
Given the implementation challenges, saving the full $2.9 billion by 2024 may not be likely. Still, significant changes should be pursued—and achieved—if the MTA is to be on a fiscally sustainable path.
Testimony
Transportation
Testimony on the MTA’s Finances and Operations
Testimony before the Senate Standing Committee on Corporations, Authorities and Commissions; and the Senate Standing Committee on Transportation
September 29, 2021
The MTA is facing a long-term structural deficit of approximately $2.7 billion annually, meaning its recurring income from fares, tolls, and other sources will be roughly $2.7 billion less than the recurring expenditures needed to run the system.
Blog
Transportation
What to Look for in the February Update to the MTA’s Financial Plan
February 17, 2021
Further actions will be needed to stabilize the MTA’s finances in the long term.
Letter
Transportation
Groups Urge Governor to Sign the MTA Open Data Act
A Letter to the Governor
October 14, 2021
The legislation is a common-sense step to increase transparency and improve efficiency at the largest state public authority.
Letter
Capital Spending
CBC Urges Governor to Sign S199B/A4010B to Improve Capital Planning
A Letter to the Governor
December 13, 2021
CBC recommends that you sign S199B/A4010B, which would improve capital planning and reporting for transportation infrastructure in New York State.