The Metropolitan Transportation Authority could bolster its case for much-needed new streams of revenue with more transparency around its budget and debt service, watchdog group Reinvent Albany argues in a new report.
to support operating expenses than most North American transit systems.
As such, the agency has been working the lobbying and public relations circuits attempting to secure new funding streams from the state and federal governments: this month, MTA Chair— a post-election bacchanal for New York pols and pol-adjacents in Puerto Rico — to lobby state lawmakers for new sources of revenue.
“We are glad the MTA is raising the alarm,” said Rachael Fauss, a research analyst at Reinvent Albany and the report’s author, in a statement. “This really is a looming disaster for transit riders and we urge the MTA to use open, consistent budget data to help strengthen their case for state aid to the public and the legislature.”
With no impending funding deals on the horizon, the watchdog’s recommendations in the interim include discontinuing the state’s gas tax holiday and remitting any existing dedicated transit funds directly to the MTA, instead of subjecting them to the annual budget appropriation process where they can be the target of a raid.
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