Transit Funding

Andrew Cuomo continues to leave the door open for cuts or changes to the NYC region's payroll mobility tax, which raises $1.34 billion annually for the MTA. Here's what he had to say about the tax after an event in Poughkeepsie yesterday (at minute 5:00 of the above video):

The fate of the payroll mobility tax, which brings in $1.34 billion a year to the MTA, just grew a little shakier. The four members of the State Senate's new Independent Democratic Conference, who split off from the minority Democrats last week, have come out with their agenda and included in it is a call to "reform" the tax and even consider eliminating it. Any cut to the mobility tax would spell disaster for transit riders.

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.

New York State might be home to more transit riders than any other state, but when it comes to the transportation policies on the books, we don't look quite so green.

In Albany this week, legislative leaders declined to take action to close the state's current $315 million budget deficit. That pushes the problem into 2011, when a new governor and likely a Republican State Senate will be in power. Whether dedicated MTA funds will still be used as a piggy bank, at the expense of transit riders, will be up to next year's leadership.

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

With the threat of future raids on the MTA's dedicated funds looming on the horizon, I spoke with Fiscal Policy Institute executive director Frank Mauro to continue our investigation of how to keep transit funding secure.