Tag: MTA

The Citizens Budget Commission's Charles Brecher presented a report this morning on "Benchmarking Efficiency for the Metropolitan Transportation Authority's Services." Brecher and his staff compared the MTA's operating efficiency across subways, buses... Read More

Baruch's E.S. Savas has a good piece in today's Post on introducing competitive contracting to the New York City and downstate public-bus system. As the MTA cuts routes, the state, the MTA, the city, or some combination thereof should bundle the... Read More

E.J. and I had a podcast chat this morning to run through some of the Metropolitan Transportation Authority (MTA)'s 2009 payroll data, released last week by the Empire Center's seethroughny.net. The data show that last year, the MTA's 74,708 workers... Read More

New York State entities continue to scrape the bottom of the barrel to scare up a few dollars. The Metropolitan Transportation Authority (MTA) will issue $475 million in short-term notes this week. The MTA pledges to repay the debt as soon as it get Read More

E.J. and I have a in today's Post on the MTA's quickly deteriorating finances. Especially disturbing is the MTA's recent reliance on short-term borrowing to cover its operating costs (in other words, paying millions to Wall Street banks in financin Read More

The MTA's Jay Walder deserves great credit for standing firm against the transit "advocates" and elected officials who would like him to devote up to $160 million in capital-investment funds for short-term operating expenses, including rising union-l Read More

Moody's has on $12.2 billion worth of the Metropolitan Transportation Authority (MTA)'s debt, in part because money from the new $1.5 billion downstate payroll tax continues to fall far short of what the state expected. That tax gap was $200 millio Read More

In a to the New York Post this morning and again in an Upper West Side protest, City Council Speaker Christine Quinn repeated her demand that the MTA spend $100 million in money earmarked for capital investments on its operating expenses Read More