Straphangers can’t pay the MTA with an IOU, so why should Governor Andrew Cuomo get away with it?
That’s the message Riders Alliance members brought to the MTA board meeting this morning. After trying and failing to swipe into the Bowling Green subway station with a giant “IOU” Metrocard, the group proceeded to MTA headquarters.
In October, Cuomo committed to contribute $7.3 billion to the MTA’s five-year capital program on top of $1 billion provided in last year’s budget. This year’s budget, however, includes zero dollars for the capital plan (but somehow musters $3.4 billion for roads). Instead, Cuomo’s proposal makes a vague gesture to provide that money sometime in the future — once the MTA has exhausted all other funding sources.
“The machine wouldn’t take it, the agent wouldn’t take, and the turnstile wouldn’t take it,” Riders Alliance member Macartney Morris told the board. “If I can’t use an IOU, Governor Cuomo shouldn’t either.”
Gene Russianoff of the Straphangers’ Campaign called Cuomo’s funding scheme “magical” and questioned the sincerity of the governor’s commitment. “It’s like in one of those fairy tales, you know, ‘I’ll give you the money, but first go pick up a clover, and then some blonde hair, and then magic potion,’” he said. “Only for you, the MTA, it’s, ‘First go out and spend $100 million, and then buy a big building — two big buildings, three big buildings — sell them, then go charge your customers $6 billion.’ This is not a good IOU for you or the public.”