The MTA board approved a $21.3 billion operating budget for 2026 on Wednesday — a plan that leans heavily on a robust economy ...
The operating budget is balanced at the MTA, according to the transit agency’s financial pros. Reducing costs through the use of OMNY and lowering maintenance costs with new rolling stock have ...
The document, approved by the Metropolitan Transportation Authority Board at its monthly meeting Wednesday, includes plans ...
NEW YORK CITY (WABC) -- The MTA held a budget hearing to make its case to get more funding. It comes after City Council Speaker Adrienne Adams called for an extension to the city's Fair Fares program.
They’re full speed ahead – into New Yorkers’ wallets. Final details on a big business-bashing payroll tax to fund the MTA’s ambitious capital plan were revealed Thursday as lawmakers voted on the ...
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, ...
NEW YORK -- A controversial proposal to help solve New York City's multi-billion dollar budget problem would add $3 to every non-essential package delivered in the city. The legislation, introduced by ...
The New York state budget deal included nearly $30 billion for the Metropolitan Transportation Authority's 2025-2029 capital plan. The budget had one other delayed benefit for the transit agency: a ...
NEW YORK (WABC) -- MTA officials admitted Wednesday more money is needed to fill a $15 billion budget hole, but insist it won't come from raising fares. Although a transit official suggested just days ...
The contentious tax applies to companies above a $10 million payroll threshold in New York City and surrounding counties. The MTA’s financial woes are well-documented. The agency had $45.7 billion of ...