BALCONY - Business and Labor Coalition of New York

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October 22nd, 2010

Solving the MTA’s Budget Crisis and Reinvesting in Mass Transit:
A Five-Step Platform for the Next Governor of New York State

A report by the Drum Major Institute & Transportation Alternatives
then link to the report which is above.

Introduction and Overview: The Problem and Five Steps for Reform
The governor and state legislature are directly responsible for the MTA’s finances: they decide how much revenue flows to the authority, and only they have the power to put the MTA on sound financial footing. While MTA executives can continue to cut costs at the margins, only a concerted plan led by the next governor can redirect investment to the state’s mass transit system and avert a fiscal disaster. A true Albany reformer willing to make tough choices would move the MTA away from costly borrowing and make smart investments that will drive renewed economic growth, boost the state’s economic competitiveness, and save taxpayers money in the long-term.

Read the entire report here: MTA