Transit Funding
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As Dedicated MTA Funds Disappear, Cuomo Still Hasn’t Signed Lockbox Bill
Even as Governor Andrew Cuomo moves to put $320 million in dedicated transit funding in a precarious position, he still hasn't acted on transit lockbox legislation which would help protect the dedicated funds that remain.
December 7, 2011
Cuomo Deal Will Cut Payroll Tax, Reimburse MTA, Create Infrastructure Fund
The details of Governor Cuomo's economic plan, which includes both tax reform and a new infrastructure fund, were released today with support from Assembly Speaker Sheldon Silver and Senate Majority Leader Dean Skelos.
December 6, 2011
Public-Private Partnerships Won’t Solve New York’s Transpo Funding Crisis
Governor Andrew Cuomo sent out an "editorial" this weekend putting infrastructure investment at the center of his job creation agenda. In a rough outline, the governor touted public-private partnerships (or PPPs, as they're known) as a key mechanism to pay for "the repair and development of highways, bridges and major construction projects."
December 5, 2011
Jay Walder Came to the MTA With a Plan to Improve Transit. Will Joe Lhota?
Any moment now, Governor Andrew Cuomo is expected to announce that Joe Lhota, the former budget director and deputy mayor for Rudy Giuliani, will be the next chairman of the MTA. There will be a press conference and press releases -- a singular opportunity for Cuomo and Lhota to put forward their vision for the transit agency.
October 20, 2011
Broad Coalition Urges Cuomo to Enact Transit Lockbox
If not for Albany's theft of $260 million in dedicated transit tax revenues over the past two years, the sweeping service cuts enacted by the MTA in 2010 might have been avoided. Transit riders can't afford a repeat. With the MTA on track to take on even more debt, squeezing its operating budget for years to come, the transit system needs to retain all the funding that's supposed to go toward transit.
August 15, 2011
Remembering Hugh Carey, the Man Who Saved New York’s Transit System
Hugh Carey, governor of New York from 1975 to 1982, died yesterday at the age of 92. Even in an office held by the likes of Al Smith, Franklin Roosevelt, Nelson Rockefeller and Mario Cuomo, Carey was a giant; Mayor Ed Koch, who served at the same time as Carey, called him the greatest governor of the modern era.
August 8, 2011
Will Cuomo Protect Transit Riders and Sign the Transit Lockbox Bill?
Led by Assembly Member James Brennan, the State Assembly joined the Senate and took a strong stand in support of transit riders this afternoon, passing the transit lockbox bill by a unanimous vote of 98-0. Speaker Sheldon Silver came out in support of the legislation last night, putting it on a smooth path through the Assembly. The question now is whether Cuomo will sign the bill -- and there are a few indications that he may not.
June 24, 2011
Transit Lockbox Still Alive, Under Threat From GOP Assembly Members
Though the state legislature was expected to work well into the morning last night, dealing with major priorities like rent regulation and gay marriage in addition to lower-profile but still-important bills like the transit funding lockbox, the negotiated deals fell apart and the legislature put off all its business until this morning. The path to passage for any of those bills is a little less obvious than it was a day ago, but the lockbox still has a good chance of making it through the State Assembly.
June 24, 2011
Silver Supports Transit Lockbox, Assembly Vote Likely Tonight
Assembly Speaker Sheldon Silver supports the transit lockbox bill, said spokesperson Mike Whyland this evening. According to Whyland, the bill will be voted out of the Rules Committee tonight and head to the floor.
June 23, 2011
