Reports

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Budget & Finances, Infrastructure, Transportation

October 2018 —

The Metropolitan Transportation Authority (MTA), which operates the regional transportation system in the New York City metropolitan area, is facing its greatest challenge in decades.

Transportation

March 2018 —

In 2017, the Long Island Rail Road (LIRR) had its worst on-time performance in 18 years. An estimated 9.2 million riders were inconvenienced by trains that were late, canceled at the terminal before departing, or terminated en route before reaching their destinations.

Budget & Finances, Infrastructure, Transportation

November 2017 —

The Metropolitan Transportation Authority (MTA) is the largest mass transit agency in the nation, providing services to nearly one-third of the nation’s mass transit commuters.

Infrastructure, Transportation

April 2017 —

The Long Island Rail Road (LIRR) is the largest commuter railroad in the nation. In 2016, the LIRR carried 89.3 million riders, the most since 1949.

Budget & Finances, Infrastructure, Transportation

September 2016 —

On July 27, 2016, the Metropolitan Transportation Authority (MTA) released a preliminary budget for 2017 and an associated financial plan (the “July Plan”). The outlook for the MTA’s budget has improved considerably over the past year as it continues to benefit from the economic recovery, and from low energy costs and interest rates.

Budget & Finances, Infrastructure, Transportation

September 2015 —

On July 22, 2015, the Metropolitan Transportation Authority (MTA) released a preliminary budget for 2016 and an associated financial plan (the “July Plan”). The July Plan shows that the short-term outlook for the MTA’s operating budget has improved with the economy, but the 2015-2019 capital program still has a $9.8 billion funding gap.

Budget & Finances, Infrastructure, Transportation

October 2014 —

On July 28, 2014, the Metropolitan Transportation Authority (MTA) released a preliminary budget for 2015 and an associated financial plan (the “July Plan”). The July Plan, which covers 2014 through 2018, shows that the MTA’s short-term financial outlook continues to improve with the economy.

Infrastructure, Transportation

October 2014 —

The New York City subway system includes 468 passenger stations, which are used by 5.5 million riders each weekday. The system is operated by New York City Transit (NYCT), the largest subsidiary of the Metropolitan Transportation Authority

Budget & Finances, Infrastructure, Transportation

July 2014 —

The regional transit system operated by the Metropolitan Transportation Authority (MTA) has improved dramatically over the past three decades.

Budget & Finances, Infrastructure, Transportation

June 2014 —

This report is the ninth in a series by the Office of the State Comptroller on the progress of the capital security program of the Metropolitan Transportation Authority (MTA).

Budget & Finances, Infrastructure, Transportation

March 2013 —

The Metropolitan Transportation Authority (MTA) is constructing one of the largest and most complex public works projects in the country, East Side Access (ESA).

Budget & Finances, Infrastructure, Transportation

October 2012 —

On July 25, 2012, the Metropolitan Transportation Authority (MTA) released a revised four-year financial plan (“the July Plan”). A review finds that the MTA’s finances have improved appreciably over the past two years.

Budget & Finances, Infrastructure, Transportation

April 2012 —

This is the eighth in a series of reports on the progress of the capital security program of the Metropolitan Transportation Authority (MTA).

Budget & Finances, Infrastructure, Transportation

September 2011 —

The recession greatly weakened the finances of the Metropolitan Transportation Authority (MTA), and for nearly two years the MTA has been attempting to stabilize its finances by reducing waste, cutting services, and raising fares and tolls.

Budget & Finances, Infrastructure, Transportation

March 2011 —

This report is the seventh in a series of reports on the capital security program of the Metropolitan Transportation Authority (MTA).

Budget & Finances, Infrastructure, Transportation

September 2010 —

The Metropolitan Transportation Authority (MTA) has long suffered from a structural imbalance between recurring revenues and expenses.

Budget & Finances, Infrastructure, Transportation

August 2010 —

The Metropolitan Transportation Authority (MTA) is responsible for operating the largest mass transit system in the nation, with an average weekday ridership in 2009 totaling nearly 5.1 million.

Budget & Finances, Infrastructure, Transportation

January 2010 —

In the wake of the events of September 11, 2001, the Metropolitan Transportation Authority (MTA) initiated intense planning efforts to determine how to best protect its customers and key assets from any future terrorist incident.

Infrastructure, Transportation

January 2010 —

New York City lost 110,000 jobs (2.9 percent) between October 2008 and October 2009, which has caused a sharp drop in utilization of the MTA’s transit facilities (e.g., subways, buses, and bridges and tunnels).

Budget & Finances, Infrastructure, Transportation

September 2009 —

The MTA’s commuter railroads, bridges, and tunnels have been largely restored to a state of good repair, with some exceptions. The subway system has made substantial progress, but there is a large backlog of needed investments.