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Q&A
Funding gap in MTA's Capital Plan and potential state contributions
0:47:59
ยท
41 sec
Council Member Brooks-Powers inquires about the over $30 billion funding gap in the MTA's Capital Plan and potential state contributions. John McCarthy from the MTA confirms the gap and explains that various ways to fill it are being explored, with discussions ongoing in Albany.
- The funding gap in the MTA's Capital Plan is over $30 billion
- The state budget currently being worked on may address this gap
- The total plan amounts to $68.4 billion, with the gap representing the unidentified funding portion
Selvena N. Brooks-Powers
0:47:59
Thank you for that.
0:48:01
Just going back to one of your previous answers to me, the gap is over $30,000,000,000.
0:48:08
Do you envision that the state will make that up in the state budget that they're working on right now?
John McCarthy
0:48:14
Yeah.
0:48:15
You're correct.
0:48:16
It's over 30,000,000,000 and yes, in order to that would be the amount identified that is not yet identified.
0:48:25
So as I was discussing earlier, there will be various ways where that gap can be filled.
0:48:32
But that is the number that that is that's the target number in order to make that $68,400,000,000 plan whole.