MTA

With about 70 days to go until Jay Walder puts in his last day as MTA CEO, Governor Andrew Cuomo announced that he has assembled a search committee to help pinpoint the right candidate to take over the nation's largest transit agency.

Ever since the State Senate killed bridge tolls in the 2009 MTA funding package, the question has lingered: How is Albany going to finish the job and pay for the final three years of the MTA's five-year capital program?

The final budget agreement reached by Albany leadership will not make additional cuts to transit funding, a state budget division spokesperson confirmed this afternoon. Negotiations with the legislature did not ultimately change the total amount of transit funding from Andrew Cuomo's executive budget, which raided $100 million from dedicated transit funds.

In amendments to the state budget released last week [PDF], the Cuomo administration claims that its $100 million raid on dedicated MTA funds was a one-time deal that won't be repeated in the next three years.

Governor Cuomo is coming out with his draft budget today, and some sort of transit funding raid is expected to be included in the package. The press release from his budget office includes these details about MTA funding:

Andrew Cuomo has been governor for all of three days, but even his small first actions could have big implications. With the state's massive deficit looming, Cuomo won't be able to avoid tough choices and big fights, and transportation is very much in the crosshairs. Bigger news could come as early as Wednesday, when Cuomo announces his emergency financial plan -- in which he could announce raids on the MTA's dedicated finances in the hundreds of millions -- but already a picture of this year's agenda is beginning to emerge.

A broad coalition of good government groups, transit and environmental advocates, and unions sent a letter to Andrew Cuomo on Friday [PDF] urging the incoming governor to protect straphangers by ensuring that transit revenues are spent on transit.

It's been 20 months since the state legislature passed an MTA funding package with a conspicuous missing piece. In early 2009, the transit agency was reeling from the recession, and straphangers were about to get walloped by deep service cuts and a 23 percent fare hike. Albany responded by enacting just a partial fix: a regional payroll tax and a smattering of new fees on taxis and car rentals. Tolls on the East and Harlem River bridges were supposed to be part of the deal -- getting car commuters who benefit from the congestion-busting effect of transit to contribute their fair share. But the State Senate insisted on preserving the free ride for motorists.

Lieutenant Governor Richard Ravitch opens his new report on transportation funding in his characteristically blunt fashion: