Phrases with «taxi medallions»

Taxi medallions refer to licenses that allow drivers to operate a taxi in a specific city or area. These licenses are granted by local authorities and they usually have limited availability. So, the phrase "taxi medallions" essentially means the special permits or licenses needed to legally drive a taxi in a particular location. Full definition

taxi medallions

Sentences with «taxi medallions»

Besides the outcome of collective bargaining, other risks include the anticipated receipt of $ 1.2 billion from the planned sale of taxi medallions during fiscal years 2015 through 2017 and whether the Health and Hospitals Corporation will require additional financial assistance from the city. (nystateofpolitics.com)
«Even with a billion dollars in new taxi medallion revenue and the savings items released today, we still need to fill a $ 2 billion hole and the national economic picture remains volatile and highly uncertain,» said Marc LaVorgna, a spokesman for the mayor. (dnainfo.com)
Mayor de Blasio's executive budget assumes no cash will come in from taxi medallion sales for the next five years. (nydailynews.com)
(see all sentences)

Phrases with «taxi medallions»

Sentences with «taxi medallions»

See also