Thursday, June 27, 2024

MTA Board kills congestion pricing

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Crain's New York

 The MTA’s board voted Wednesday to indefinitely pause the implementation of congestion pricing tolls, formalizing an eleventh-hour postponement announced by Gov. Kathy Hochul earlier this month and officially blowing a $15 billion hole in the authority’s capital budget.

In a 10-to-1 vote, the board at its monthly meeting advanced a resolution that hits the brakes on a long-awaited toll program that would have charged most motorists $15 to enter Manhattan below 60th Street to reduce traffic and raise funds to improve the region’s mass transit. The vote firmly shut the door on the MTA’s board possibly attempting to advance congestion pricing against Hochul’s wishes.

MTA board member David Mack, who voted against the tolling program in March, was the sole vote that sought to block the resolution, instead preferring a permanent halt on the program.

“The fact is the MTA, it’s just a reality, cannot start implementing congestion pricing without the New York State DOT sign off,” said a dour Janno Lieber, the board chair and chief executive of the MTA during the vote. “Others may litigate that very issue, if so, so be it, but we are right now where we are.” 

As a result, MTA officials said Wednesday that without a replacement to anticipated toll revenue the authority must defer $16.5 billion worth of construction projects to modernize the region’s aging transit system, including a high-profile extension of the Second Avenue subway to Harlem, signal upgrades and new train cars, among many others. Stop-work orders have already gone out to some projects, sending the region’s contractors into a panic.

Tim Mulligan, the MTA’s deputy chief development officer, said the authority will have to prioritize essential maintenance and upgrades to keep the system functioning and defer less critical, but long sought, accessibility, expansion and modernization work.

“Our guiding principles for the last 21 days, as we've been going through this process, has been to maintain the safe and functional operation of the system,” said Mulligan as he detailed likely changes to the MTA’s capital program.

“There are things that make the system better for our customers and for operation,” Mulligan added, “but they aren't directly related to maintaining existing service in all cases, and so more deferrals [will happen] to projects that are from those categories."

Ashes to ashes, dust to dust

3 comments:

Anonymous said...

Corruption wins. The working class lose out again.

Anonymous said...

Great News !

Anonymous said...

Who cares, we have illegal's hurting our children and terrorizing communities and an old bumbling fool destroying our country. This should be the last thing people need to worry about.