Un-‘fare’! Stringer says NYC overpays for MTA
MTA: Stringer uses ‘fuzzy math’
An analysis released by New York City Comptroller Scott M. Stringer says the city’s taxpayers are laying out more than their fair share for Metropolitan Transportation Authority (MTA) services.
The analysis comes as the MTA seeks more money for its $32 billion five year capital plan, which is only half funded.
The city’s contribution to the MTA has averaged $100 million for the past decade, an amount Mayor Bill de Blasio announced earlier this month would increase to $125 million a year for five years.