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MTA budget and concerns
0:02:31
ยท
45 sec
Council Member Brooks-Powers outlines the MTA's budget for calendar year 2025 and highlights key concerns to be addressed during the hearing. She focuses on cost shifts to the city, the capital plan gap, and political challenges.
- The MTA's operating budget for 2025 is $19,880,000,000.
- Concerns include increasing cost shifts to the city, including congestion pricing and its impact on residents.
- The MTA's proposed capital plan has a $33,400,000,000 gap and was vetoed by the capital program review board.
- Questions will be raised about budget negotiations with the state and navigating the political climate in Washington.
Selvena N. Brooks-Powers
0:02:31
First up today is the MTA whose calendar year 2025 operating budget is $19,880,000,000.
0:02:40
We would like to explore the seemingly ever increasing cost shifts to the city including congestion pricing and its initial impact on city residents.
0:02:51
We will also inquire about the authority's proposed capital plan which includes a $33,400,000,000 gap and was recently vetoed by the capital program review board on Christmas Eve.
0:03:04
We plan on asking what next steps the authority plans to take with the state regarding budget negotiations in Albany and how the MTA plans to navigate the political climate in Washington.