Andrew Cuomo wants New Yorkers to think he’s taken care of the multi-billion dollar funding shortfall for the MTA capital program, even though his new budget allocates no new funds for the MTA. Well, 36 members of the Assembly aren’t buying it.
In a letter to Cuomo, Brooklyn Assembly Member Jim Brennan called on the governor to commit $1.825 billion annually over the next four years to the MTA. This would cover the $7.3 billion gap that remains in the capital program, the five-year package of critical maintenance projects and upgrades for the region’s transit system. Another 35 members of the Assembly have signed on to the letter.
In October, Cuomo and Mayor Bill de Blasio reached an agreement in which the city would contribute $2.5 billion and the state $8.3 billion to the capital plan. The state had already allocated $1 billion of its share in previous budgets, but Cuomo’s proposed FY 2017 budget does not allocate any additional funding. Instead, it says the state will follow-through on its commitment to the capital plan only when the MTA has exhausted all other sources of funding, including loans.
Transit advocates and budget watchdogs pointed out that Cuomo was not making a real commitment, and that his stalling tactics could lead to excessive borrowing or a slowdown of necessary work on the capital program.