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Posts Tagged ‘Nicole Gelinas’

The MTA’s Escalating Cost Crisis: Answers to Questions About the Metropolitan Transportation Authority’s Finances

Wednesday, August 9th, 2017
MTA Revenues and Subsidies

Even as the MTA’s revenues have increased over the decades, its costs to operate subways, buses, and commuter rails have outpaced these gains. Over little more than a decade, the MTA’s costs, excluding debt service, have outpaced inflation by 50%. This fundamental imbalance prevents the state from providing New Yorkers with the transit service that a growing city demands. Below are answers to some questions about the transportation authority’s finances.

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