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MTA projects budget deficit amid fare evasion, congestion pricing confusion
Persistent fare evasion and a decline in real estate tax revenues were on track to land the MTA’s day-to-day operating budget in a $428 million deficit in 2027, with a $469 million deficit projected for 2028, the transit agency said Wednesday.
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By SpokenLayer
4.3
2020 ratings
Persistent fare evasion and a decline in real estate tax revenues were on track to land the MTA’s day-to-day operating budget in a $428 million deficit in 2027, with a $469 million deficit projected for 2028, the transit agency said Wednesday.
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