MTA needs up to $92B for transit upgrades, maintenance through 2029, report says

United States News News

MTA needs up to $92B for transit upgrades, maintenance through 2029, report says
United States Latest News,United States Headlines
  • 📰 Gothamist
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

The figure doesn't doesn’t include the $15 billion hole in the agency's current capital plan caused by Gov. Kathy Hochul’s order to pause congestion pricing.

The state’s top fiscal watchdog is warning that the MTA's need for construction projects and maintenance may be bigger than the agency's wallet will allow.

“The choices made in the next capital plan will reverberate for New Yorkers in the region for years to come, impacting comfort, safety, reliability and frequency of the system,” the comptroller's report said. DiNapoli pointed out that state lawmakers not only need to figure out how to fill the hole in the current plan left by Hochul’s congestion pricing pause — but also how to fund the next one.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Gothamist /  🏆 456. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How the 2025-2029 Capital Program can help the MTA achieve its goalsHow the 2025-2029 Capital Program can help the MTA achieve its goalsEvery five years, the MTA is required to come up with a five-year Capital Program, where – together with State, City, and federal partners – we chart out
Read more »

Africa's Biggest Airport Planned For 2029Africa's Biggest Airport Planned For 2029This new mega airport is set to handle up to 110 million passengers annually, surpassing all other airports on the continent.
Read more »

James Cameron Confirms You Won’t See Michelle Yeoh in Avatar Until 2029 at LeastJames Cameron Confirms You Won’t See Michelle Yeoh in Avatar Until 2029 at LeastYou won't see Michelle Yeoh's character until Avatar 4—oh and by the way, here's your reminder that Michelle Yeoh's in Avatar
Read more »

Japanese company to deorbit big hunk of space junk by 2029Japanese company to deorbit big hunk of space junk by 2029Tereza is a London-based science and technology journalist, aspiring fiction writer and amateur gymnast. Originally from Prague, the Czech Republic, she spent the first seven years of her career working as a reporter, script-writer and presenter for various TV programmes of the Czech Public Service Television.
Read more »

Shelved NASA spacecraft could spy on asteroid Apophis before 2029 Earth flybyShelved NASA spacecraft could spy on asteroid Apophis before 2029 Earth flybyBrett is curious about emerging aerospace technologies, alternative launch concepts, military space developments and uncrewed aircraft systems. Brett's work has appeared on Scientific American, The War Zone, Popular Science, the History Channel, Science Discovery and more.
Read more »

Smartphones expected to push global eCommerce to $11.4 trillion by 2029Smartphones expected to push global eCommerce to $11.4 trillion by 2029Sebastian, a veteran of a tech writer with over 15 years of experience in media and marketing, blends his lifelong fascination with writing and technology to provide valuable insights into the realm of mobile devices.
Read more »



Render Time: 2025-04-20 09:45:54