Monday, June 22, 2009
MTA is $6.6M under budget this year
From the NY Post:
The sour economy has pushed straphanger commutes off the rails and onto the couch.
Subway ridership has been down every month of 2009 when compared to the same periods in 2008, according to new MTA numbers.
The stats for April show an average 3.6 percent decrease in the number of rides taken on weekdays, a drop of about 189,000 trips from April 2008.
There was also an average 90,000-ride dropoff this April from the previous month, March.
As a result, the MTA took in $7.4 million less than expected in April. Total intake, including bus fares and tolls, is under budget by $6.6 million this year.
The declining figures are "primarily caused by low ridership from a declining city economy," the report says.