As state lawmakers think about new tolls for driving in a lot of Manhattan, with the money going to bail out the MTA, it’s price noting that Gov. Cuomo is already pushing for city-dwellers to pay extra for the company.
Cuomo needs Metropolis Corridor to boost property taxes to cowl the price of transit upgrades. That’s actually uncommon: Property taxes have lengthy been the one charges town units by itself, with out Albany’s interference. And why doesn’t the governor demand additional cash from Lengthy Island for his LIRR upgrades?
He additionally insists Gotham match no matter Albany spends on repairs throughout a transit “emergency” — a requirement that codifies his name for Mayor de Blasio to chip in for half the MTA’s $836 million “emergency” plan.
Plus, he says town, going ahead, ought to “present in full all funding required to satisfy the capital wants” of transit in its boundaries.
Sure, as MTA boss Joe Lhota notes, current legislation requires Gotham to fund the “capital wants” of subways and buses. However in actual fact, Albany has picked up the lion’s share of these prices for the reason that ’80s.
And all of it ignores the overriding want for reform. Till Lhota & Co. can present the company has ended the abuses behind latest multibillion-dollar value overruns, the MTA hasn’t earned everlasting new earnings.
This doesn’t imply all Cuomo’s concepts are dangerous: It makes good sense to route money from the MTA-dedicated “mobility tax” on to the company, slightly than by way of Albany.
And possibly sooner or later Metropolis Corridor ought to cough up extra. But metropolis taxpayers already account for 72 % of MTA revenues — which, by the way in which, go to pay not only for subways and buses, but in addition for commuter strains. Plus, Metropolis Corridor has agreed to pitch in $2.5 billion for the MTA’s five-year capital plan.
In any case, the neverending Cuomo-de Blasio feud mustn’t obscure the true backside line: New Yorkers want the subways fastened — and that features repairing the MTA dysfunction that produced the present disaster, not simply tossing in additional cash.