The same day a report came out that partly attributed a rapid rise in M.T.A. costs to a union contract brokered by Governor Andrew Cuomo, Cuomo said he was “not in a position to say whether $800 million in overtime is a lot of money or a little money.”
On Thursday, the right-leaning Empire Center reported that “21,352 out of 76,445 MTA employees were paid more than $100,000, up from 10,482, or one out of seven, during the previous year.”
“The data show the agency paid $849 million in overtime on top of $4.78 billion in regular earnings,” the report continued.
The Center attributed the increase in costs, “in part,” to the Transport Workers Union 2014 contract settlement, the one Cuomo helped broker.
“We will make sure the M.T.A. has all the money they need to operate the system efficiently and effectively,” said Cuomo today, when asked about the overtime costs. “However, we’re not going to throw money at problems either, right? Because there’s only two places the money is going to come from: it’s going to come from either raising taxes on New Yorkers or it’s going to come from raising the cost of the ride. I am slow to do either.”
Cuomo effectively controls the M.T.A., and its fares have gone up five times in the last eight years.
The M.T.A. is also facing a $14 billion capital funding gap. Cuomo has yet to say whether or how he will fill it.
“I’m not just going to accept, ‘I need more money, more money, raise the fares, raise taxes,” said Cuomo. “That’s the last resort, after you’ve tried everything else.’”
“The importance of discussing this and getting the true facts out is to understand what did and didn’t happen so we can learn from it in case this happens again,” Hammond said. Read More
Alfonso Castillo
The financial impact of the COVID-19 pandemic on the Metropolitan Transportation Authority is adding urgency to the agency’s efforts to curtail overtime numbers that critics say remain alarmingly high.
The MTA said at Wed Read More
“We are at the early stages of what shapes up as the biggest state and city fiscal crisis since the Great Depression,” said E.J. McMahon of the Empire Center. “Borrowing and short-term cuts aside, the budget doesn’t chart any clear path out of it.” Read More
“It’s everything that’s wrong with Albany in one ugly deal,” Bill Hammond, a health policy expert at the fiscally conservative Empire Center, told The Times. Read More
But according to the Empire Center, a non-profit group based in Albany, the overall impact of the Trump tax cuts actually benefited most state residents. Read More
Earlier this year, another fiscal watchdog group, The Empire Center, found that Cuomo’s budget office had delayed a $1.7 billion Medicaid payment from the previous fiscal year into the current fiscal year. Because of the delay, the governor was able to keep within a self imposed 2% yearly spending cap. Read More
Six-figure pensions are becoming the norm among retirees from New York’s largest downstate suburban police departments, according to data posted at SeeThroughNY.net, the Empire Center’s transparency website. Read More
“It’s everything that’s wrong with Albany in one ugly deal,” said Bill Hammond, a health policy expert at the nonpartisan Empire Center who first noticed the budgetary trick. “The governor was able to unilaterally direct a billion dollars to a major interest group while secretly accepting its campaign cash and papering over a massive deficit in the Medicaid program.” Read More