Governor Cuomo last week announced the completion of a construction project in Orange County, four years after the state Department of Transportation (DOT) deliberately added at least $4 million to the cost by improperly steering jobs to Hudson Valley unions—and cost taxpayers up to $22 million for the way it did it. Read More
Tag: Transportation
Staten Island Congressman Dan Donovan, whose borough gets free ferry service to Manhattan, isn't particularly enthusiastic about this new Amtrak proposal to build a rail tunnel beneath the Hudson River. Read More
The New York State Thruway Authority revised its 2015 budget Monday to reflect the infusion of $1.285 billion in state funds. Read More
Aided by a $1.3 billion state bailout, the state Thruway Authority on Monday approved a 2015 budget that includes no toll increase this year and directs $909 million to fund the ongoing construction of a new Tappan Zee Bridge in the Hudson Valley. Read More
When Gov. Andrew M. Cuomo tapped Robert L. Megna last week to head the New York State Thruway Authority, the appointment was widely recognized as a Capitol veteran wise in the ways of Albany. But Megna – who enjoys Cuomo’s confidence as his longtime budget director – may be inheriting problems too daunting even for an Albany wizard. Not only must he manage the 570-mile Thruway, he also is saddled with paying for the biggest construction project in the state – a new $4 billion Tappan Zee Bridge – and an ancient and expensive canal system. Then there are these challenges for 60-year-old Thruway. Read More
The impact of declining crude oil prices, already visible at the gas pump, has now rippled through to New York State’s petroleum business tax (PBT). Effective Jan. 1, the PBT on motor fuel has dropped by a whopping six-tenths of a penny, to 17.8 cents per gallon from 18.4 cents per gallon, according to the state Department of Taxation and Finance. Read More
Toll increases aren't included in the stateThruway Authority's $2 billion budget for 2015 — but that doesn't mean they won't eventually happen. The big factor may be the new Tappan Zee Bridge. Read More
The New York State Thruway Authority adopted a 2015 operating and capital budget of $2 billion Friday that didn’t tell anybody anything they didn’t already know – namely, that tolls are going to have to rise. Read More
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