Tuesday, March 6, 2012

Vacca to Hold Budget Hearings in Transportation Committee

Here is news related to transportation issues in NYC. For those that were not at the recent Borough Presidents State of the Borough Address, there is an orchestrated push by our elected officials to secure additional funding for our neglected subway system in the Bronx as well as plans for a new Metro-North rail line. The proposed Metro-North line would connect Co-op City, Morris Park, Parkchester and other parts of the East Bronx to the South Bronx and then Manhattan. For more on transportation issues here is a press release by NYC Transportation Chair James Vacca.

Gregory

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Vacca to Hold Budget Hearings in Transportation Committee

MTA, DOT, TLC Budgets for FY2013 Under Scrutiny

As the federal transportation bill stalls in Washington, leaving funds for mass transit in the balance, Chairman James Vacca and members of the Council Transportation Committee will hold a series of hearings on the Mayor’s Fiscal 2013 Budgets for transportation and transit funding in NYC.

The MTA plans to implement a 7.5 percent fare and toll hike in January 2013, netting an expected $463 million. In addition, the Taxi and Limousine Commission expects to add more than $1 billion to the city’s coffers from the sale of 2,000 medallions as well as the first wave of the TLC’s new street hail licenses.

And despite the mild winter, the FY 2012 Mayor’s Management Report shows that the number of days it takes the Department of Transportation to fill a pothole has still not gone back to FY10 levels. The spike in FY11 was attributed to the active snow season that year, including the Christmas weekend storm.

WHO: Council Member James Vacca, Chair, Transportation Committee
Hilary Ring, Director of Government Affairs, MTA
Commissioner Janette Sadik-Khan, NYC Department of Transportation
Commissioner David Yassky, NYC Taxi and Limousine Commission

WHERE: 250 Broadway, 14th Floor Committee Room

WHEN: Tuesday, March 6, 2012, 10 a.m. (TLC); 10:45 (MTA); 11:45 (DOT)

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