How Will the City and State Fund the MTA’s Big Projects?

“We appreciate City Hall’s proposal to increase its annual contribution to the MTA Capital Program by $25 million. But the city needs to do much more to close the estimated $14 billion gap in the plan,” says Regional Plan Association President Emeritus Bob Yaro. “The city has the most to gain from a fully functioning transit system. The vast majority of the MTA’s nearly nine million daily passengers live and/or work in the city, and if the system is allowed to deteriorate, it will have an inordinate impact on New York City’s residents and its economy.”

Read the full article in PIX 11.