you don't say? and worse to come when cp gets zapped by orange terror --
Gaps in MTA funding could threaten capital projects, cost taxpayers more cash: new report
By Barbara Russo-Lennon
Posted on February 13, 2025
The MTA’s financial challenges will create an uncertain future for NYC’s transit system upgrades, with NYC residents and businesses possibly bearing the brunt of a funding shortfall, a new report released on Thursday shows.
According to an analysis by the NYC Independent Budget Office (IBO), the majority of the state-run MTA’s dedicated tax revenues are generated within the five boroughs and nearby. Still, federal and state money is needed to fund the MTA’s 2025-2029 Capital Plan, which has not yet been secured.
https://www.amny.com/nyc-transit/mta-funding-capital-projects-ibo-report-02132025/
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