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MTA Drops Student MetroCard Cuts, Wants Bus Lane Cameras

MTA Chief Jay Walder

MTA chief Jay Walder has been busy these last few weeks trying to sort out the department’s financial mess but that hasn’t stopped him from trying to squeeze another dollar out of taxpayers’ pockets.

According to NY1, the head of the MTA has been lobbying the state to authorize the installation of bus lane cameras that would snap pictures of cars that blocked the lane.

The cameras would be similar to the traffic light cameras that are in place all over the city now that snap a picture of your car if you run a red light …continue reading

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MTA Saga Continues: $343 Mil Short For 2010

An All Too Familiar Sight

After legislators told the MTA that they would have $143 million less to spend in 2010, it was discovered that the number would actually be $343 million thanks to a very costly error.

As the legislature began to make cuts for next year to cut the state’s massive deficit, the MTA was told that their budget would be cut by around $143 million, a lot more than the MTA had expected. Today, it was learned that the MTA would not receive as much money as once thought from the payroll tax associated with the bailout. $200 million less, …continue reading

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MTA Gets Budget Cut, Won’t Raise Fares Till 2011

MTA Chief Jay Walder

As the state cuts the budget for every state agency (except the legislature, of course), the fiscally irresponsible MTA will have $140 million less to waste next year.

The agency got its budget slashed by $140 million under the state deficit reduction plan in the legislature, $30 million more than they had expected. Despite the cuts, MTA head Jay Walder has said that he wont raise fares this year and wait until 2011 when the fare is scheduled to go up by another 7.5 percent.

Instead, the MTA is expected to cut services and continuing to …continue reading

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