Updated:2024-09-26 18:28 Views:187
Good morning. It’s Monday. We’ll take a look at two assessments of how much money the Metropolitan Transportation Authority might need for major projects in the next few years. We’ll also find out about the latest departure of a high-ranking official at City Hall.nustabet gaming
ImageCredit...Lila Barth for The New York TimesThere are few surprises in two new reports about how much money the Metropolitan Transportation Authority will need in the next few years. The bottom line is huge, as it always is with the transit agency.
What is startling is that one of the reports, from the fiscally conservative Citizens Budget Commission, said that the transit system needed more repairs than the agency could possibly handle between 2025 and 2029.
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SKIP ADVERTISEMENTThe other analysis, from the state comptroller, Thomas DiNapoli, reached essentially the same conclusion.
Another set of figures is coming soon from the M.T.A. itself. The agency is facing an Oct. 1 deadline for listing the big-ticket capital projects it intends to tackle between 2025 and 2029 under its next five-year capital program. Complicating the decision-making is the work that was left unfinished in the current five-year cycle. It assumed that $15 billion would come from the congestion pricing plan that Gov. Kathy Hochul abruptly put on hold in June.
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