The MTA is desperately seeking new revenue from city, state, and federal lawmakers to plug a massive budget hole. She and Mayor Eric Adams on Wednesday introduced the “ New New York” blueprint which, among other things, calls for creating a new “sustainable operating budget model for the MTA” that prevents painful fare hikes or service cuts.ĭetails on what that could entail were scant, but the plan cites as objectives increasing off-peak subway service, speeding up buses, and decreasing the price of commuter rail within city limits.Īn MTA spokesperson did not comment on the specific proposal but said the agency is working with elected officials on models for sustainable funding.
Even the austerity measures can’t plug the MTA’s fiscal hole entirely, and agency honchos have been pleading with city, state, and federal lawmakers for new, recurring streams of revenue to keep mass transit working for New Yorkers.Ī spokesperson for Governor Kathy Hochul did not respond to a request for comment by press time.
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