Bus

Proposed transit bill would cut $1.7B from N.Y. MTA

Posted on February 7, 2012

NEW YORK — The transportation bill proposed by the House of Representatives would cut more than $1.7 billion in capital funding for New York City public transit, the International Business Times reported. The bill would remove dedicated transit funds allocated from the federal gas tax and replace them with an as-yet unfunded $40 billion lump sum payment.

The New York Metropolitan Transit Authority (MTA) has a $12.6 billion operating budget and has budgeted about $4.5 billion annually in capital projects until 2014. Joseph Lhota, the new CEO of the MTA, told the International Business Times that over time the bill could force the agency to raise fares to compensate for lost money needed to fund improvements. For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

Albuquerque BRT project exploring full sponsorship

ABQ RIDE is looking to model its plan after the Greater Cleveland Regional Transit Authority’s HealthLine, which is sponsored through a hospital partnership. Construction on the so-called ART system could begin in May 2016 with an in-service date of September 2017.

New luxury bus service launches in San Francisco

The service, which costs $6 a ride, asks riders to download the Leap app, creating an account, uploading a photo and adding a credit card that enables them to pay via a QR code.

4ONE wins multiple bus seating orders

Agencies ordering the company's products, which are now in at least half of all new U.S. and Canadian transit buses, include L.A. Metro, Chicago Transit Authority and New York City Transit.

New Flyer awarded big Las Vegas CNG bus contract

The contract includes a firm order for 35 XN40 and 20 XN60 Xcelsior buses, with an option for another 150 XN40 and 100 XN60 over the next five years. All buses are to be powered by CNG.

Pierce Transit taps Apollo for video surveillance

The decision comes after the agency conducted an analysis and product review period. Implementation of the project began in February and all work is expected to be completed by the end of April.

See More News

Post a Comment

Post Comment

Comments (0)

Please sign in or register to .    Close