Quantcast

Gotham Gazette

The Place for New York Policy and politics

Citizens Union

The Eye-Opener

Headlines: MTA finances improved; Council redistricting called unfair

Posted by on
  • Font size: Larger Smaller
  • Print
  • PDF

State Comptroller Thomas DiNapoli says the M.T.A.'s finances have improved after years of crises thanks to increased ridership, higher tax collection, and cost-cutting measures. But he noted that fare hikes outpace inflation and financing sources for future projects remain unclear. The legal challenge to the payroll tax was also raised as a significant hurdle. Meanwhile, the state budget has generally stabilized from the recent past, when it lurched from multi-billion dollar crisis to crisis, he said.

  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest Sunday, 23 November 2014