Comptroller DiNapoli Releases Annual Review of MTA Finances

Posted to Applied Web NY on Fri, 09/13/2019 - 12:46

The Metropolitan Transportation Authority (MTA) projects large operating budget gaps and has significant unfunded capital needs. With less than four months before the start of its new fiscal year, there are still questions regarding the MTA’s plan to balance its 2020 budget and narrow the out-year budget gaps, according to New York State Comptroller Thomas P. DiNapoli’s annual report on the MTA’s financial plan.

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