Politics & Government
MTA Could Get Additional Funding from State Budget Deal: Report
Agency could have as much as $40 million more to put back into its transit system.
The Metropolitan Transportation Authority could receive an additional $40 million that has been added to this year’s tentative state budget, NY 1 reported.
Due to budget restraints, the MTA has has been forced to cut bus and subway lines in recent years.
But a tentative deal between Gov. Andrew Cuomo and state legislators could increase the agency’s funding to $358 million if it is approved.
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The increase would give the MTA $40 million more than expected to put back into its transit system assuming the state budget passes, NY 1 reported.
Although the agency added $29 million in new service last year, it had previously cut $93 million in bus and subway service in 2010.
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Subway ridership is currently at its highest level since the early 1960s.
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