Don't blame DC
Aug 30, 2016 | 9017 views | 0 0 comments | 304 304 recommendations | email to a friend | print
Dear Editor,

Financial problems with the Metropolitan Transportation Authority may be attributed to less funding provided by both Albany and City Hall, not Washington.

Federal support for transportation has remained consistent and growing over past decades. When a crises occurred, be it 9/11 in 2001 or Hurricane Sandy in 2012, Washington was there for us.

Additional billions in assistance above and beyond yearly formula allocations from the United States Department of Transportation (USDOT) were provided. In 2009, the American Recovery and Reinvestment Act provided billions more.

Most federal transportation grants require a 20 percent hard-cash local share. In most cases, USDOT accepted toll credits instead of hard cash for the local share. This saved the MTA $1 billion in the previous five-year capital program. The same will be true with the 2015-2019 five-year capital program.

Additionally, Washington has made available over $1.3 billion in 2016 for the MTA, which helps pays for 35 percent of its capital program.

Sincerely,

Larry Penner

Great Neck

Comments
(0)
Comments-icon Post a Comment
No Comments Yet