Transit Funding
Streetsblog Basics
Cuomo’s Transit Budget Is a Confusing Jumble of Raids and Transfers
It's state budget season! Governor Andrew Cuomo's executive budget is chock-a-block with raids of dedicated transit funds, questionable transfers, and toll cuts doled out as election-year favors. It's a mess that doesn't answer how the state will close the $15.2 billion gap in the MTA capital program.
February 5, 2015
Just a Reminder: Cuomo Can Take Charge of the MTA Whenever He Wants
At approximately 5 p.m. Monday, Governor Andrew Cuomo announced that he had ordered the complete closure of New York City's bus and subway systems in the face of an oncoming snowstorm. If nothing else, it was a stark reminder that the transit system is not a political orphan. The MTA is, in fact, Cuomo's agency.
January 29, 2015
Cuomo to Spend Lion’s Share of NY Bank Settlement Windfall on Highways
One of the looming questions as Governor Andrew Cuomo has unveiled his budget agenda over the past few days has been how he'll divvy up the $5.4 billion windfall the state has reaped from bank settlements. At the State of the State address this afternoon, Cuomo revealed that the biggest chunk of that money will go to the Thruway Authority so highway drivers don't have to pay higher tolls.
January 21, 2015
Cuomo’s Transpo Vision: Huge Garages, Cheap Roads, Lots More MTA Debt
A day before his big statewide policy address, Governor Andrew Cuomo laid out his transportation and infrastructure agenda today at a Midtown breakfast hosted by the Association for a Better New York, a business group. This was not the speech where the governor finally laid out his plan to prevent runaway MTA debt, fix the traffic that is choking New York City's economy, and revive cities around the state by tearing out decrepit 20th century highways and redeveloping downtowns.
January 20, 2015
Ex-MTA Chiefs: Fund the Capital Plan, Don’t Gamble With the Transit System
With the election over and Albany in session, the time for tiptoeing around the $15.2 billion gap in the MTA's next five-year capital program is over. Today, three former MTA chiefs lined up to say that, one way or another, the plan must be fully funded.
January 13, 2015
Will Maryland Gov-Elect Larry Hogan Kill the Red and Purple Lines?
Seeing shovel-ready transit projects destroyed by petty politics has been all too common the last few years (see: Scott Walker and Wisconsin high-speed rail, or Chris Christie and the ARC tunnel). Even so, this one's a doozy.
January 7, 2015
It’s His Commission: Blame Cuomo for MTA’s Underwhelming “Reinvention”
The MTA Reinvention Commission report, the product of months of work from a panel of experts, was unceremoniously dumped to the press by the governor's office at 5:30 p.m. yesterday, shortly before Thanksgiving. While the document [PDF] includes a number of worthwhile suggestions, it fails to seriously grapple with the biggest challenges facing New York's transit system. The MTA's astronomical construction costs and the substantial systemwide benefits of funding transit with road pricing get only cursory mentions. This is disappointing, but not surprising, since the report is a reflection of the man who created and controlled the commission: Governor Andrew Cuomo.
November 26, 2014
Cuomo’s MTA Commission Declines to Endorse New Funding Source
If you were hoping the release of the MTA Reinvention Commission report would be the moment when Governor Andrew Cuomo comes to his senses and makes an aggressive push to fund the region's transit system by fixing its dysfunctional tolling structure, don't hold your breath.
November 19, 2014
How NYC Could Get More Transit Funding From Developers
As the MTA capital plan funding gap has come into focus, there's been a lot of discussion about how new development can help pay for the transit service it requires. It turns out the city already has a tool that links real estate with transit improvements, but it's so limited that it's been used to fund transit upgrades only 10 times in more than three decades. For a more robust model, planners should look to San Francisco.
November 10, 2014
Prendergast: $15 Billion Gap in MTA Capital Program “Unconscionable”
Post-election, the political discussion about transit funding in New York has entered a new phase. Albany can now turn its attention to the most pressing transportation issue in the state: closing the $15.2 billion gap in the MTA's next capital program. Yesterday, MTA Chair and CEO Tom Prendergast made his first public comments since the election. He said elected officials must be educated on the need for transit investment and repeated his call for new revenue sources to keep the region's trains and buses running smoothly.
November 7, 2014