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Transit Takes Another Hit: $104 Million More in MTA Cuts on the Table

Posted By Ben Fried On January 19, 2010 @ 6:20 pm In MTA,Transit | 5 Comments

Governor Paterson released a draft budget proposal today [1] in which the dedicated taxes and fees that fund the MTA take another big hit. In a statement, MTA Chair Jay Walder said the budget would deliver $104 million less than expected for the agency in 2010.

That $104 million comes on top of $143 million the state took from the MTA last December [2] to plug a looming budget gap, and the huge shortfall in revenue [3] from the recently enacted payroll tax. 

In related news (file under "crisis equals opportunity"), the draft budget also proposes deploying speed enforcement cameras, which would be a first for New York State. The cameras would be located "in 40 work zones and 10 additional areas," according to the Times-Union [4].

We'll have more on these stories as they develop. For now, I think it's a good time to revisit the question that John Kaehny posed here last month. Are bridge tolls dead, or are they inevitable? [5]

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URLs in this post:

[1] released a draft budget proposal today: http://www.nydailynews.com/blogs/dailypolitics/2010/01/patersons-2010-2011-budget-pro.html

[2] $143 million the state took from the MTA last December: http://www.nydailynews.com/opinions/2009/12/09/2009-12-09_running_off_the_rails.html

[3] the huge shortfall in revenue: http://www.crainsnewyork.com/article/20091207/FREE/912079984

[4] according to the Times-Union: http://www.timesunion.com/AspStories/story.asp?storyID=890500

[5] Are bridge tolls dead, or are they inevitable?: http://www.streetsblog.org/2009/12/09/nyc-bridge-tolls-the-solution-that-wont-go-away/

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