Not exact matches
The bill, backed by IDC Leader Jeff Klein of the Bronx, would capture six percet of the
city's sales tax revenue for a one - time revenue bump that would help make
repairs to the
subway.
The Independent Democratic Conference on Monday rolled out a plan that would help fund
repairs to the New York
City subway system through sales tax revenue.
Funding included in the recently passed state budget will allow New York
City subway cars to be
repaired more quickly, Cuomo said while unveiling an effort aimed at improving service for a transit system notorious for frequent breakdowns.
After months of refusing to pay for emergency
subway repairs, Mayor de Blasio on Saturday announced that the
city would finally cough up its $ 418 - million share of the emergency
repair plan created last year by MTA boss Joe Lhota.
Money collected would finance
repairs and maintenance for the
city's ailing
subway system.
On Thursday, Governor Andrew Cuomo celebrated achieving the full funding goal for the emergency action plan to fix the
subway, but also used that moment to criticize the
city, saying
repairs would have gone a lot faster if the
city had contributed sooner, the Wall Street Journal reports.
The
city's transportation commissioner, Polly Trottenberg (who is also an MTA board member) asked that the agency think more creatively about how to procure the funds, and potentially change the agency's priorities to make the
subway repairs of the utmost importance.
We could fix our crumbling
subway system by providing the MTA the money we were promised for
repairs, and stop asking New York
City or its riders to clean up Governor Cuomo's mess.
After months spent bickering over whether the
city would contribute to this emergency fund to fix the
subway, the
city finally committed to spending $ 418 million toward the plan — this came with a «lock box» provision that ensures that these funds will only be used for
subway repairs and nothing else.
The
subway system's decline has had an appreciable effect on the
city's economy — a study by the Independent Budget Office last fall found that the constant delays cost residents about $ 864,000 per day in lost wages, and a study by Comptroller Scott Stringer's office noted that the figure could add up to $ 389 million per year if the transit system is not brought into a state of good
repair.
Move NY says that by implementing its plan, the
city could generate $ 1 billion in revenue to fund not only
subway repairs, but other improvements like better bus service and lower - priced MetroCards for poor households.
«By the same measure, I would hope he speaks publicly and advocates for
subway riders in this
city to also get a discount for having to adjust their commutes amid continued
repair work across the five boroughs,» Adams said in a statement.
Cuomo is at odds with New York
City Mayor Bill de Blasio over who should pay for an $ 836 million
subway emergency
repair plan.
Bronx Sen. Jeff Klein (D - Bronx) also said negotiations were «on track» to include his plan to capture a portion of the
city's sales tax revenue and use it to fund emergency
repairs to the
subway system — something the
city has so far balked at doing.
Mayor Bill de Blasio of New York announcing a plan to tax the
city's wealthiest residents to finance
subway repairs.
The legislation captures an infinitesimal six percent of
city sales tax, for a one - time need, in order to make desperate
repairs to a degraded
subway system that serves its residents and businesses.
This year's questions are likely to focus on the
city's contribution to its beleaguered
subway system, which needs billions of dollars» worth of
repairs and upgrades.
The MTA plans to shut down the New York
City subway L train's East River tunnel for 18 months for
repairs starting in 2019.
Gov. Cuomo aides are arguing that the
city owns the
subway system and should pay for 50 % of the funding for current and future
subway repairs.
Cuomo was ostensibly seeking to accelerate
repairs to the
city's public housing and secure
city funding for the state - run
subways, but tried to humiliate de Blasio in the process.
While budgets often are concerned with the minutiae of state operations, Mr. Cuomo's plan singled out some name - brand, nationally known locales — the
subways, for one — which the governor said the
city must help pay to
repair or suffer hundreds of millions in withheld funds.
A directive to force the
city to pay $ 418 million for emergency
subway repairs, a measure Mr. de Blasio has resisted.
Matthiessen expains the details of the Move New York plan and its place in this new, unique political moment — Governor Cuomo has recently said that he's looking at some version of a congestion pricing plan and there is immense attention on how the
city and state can improve mass transit, reduce traffic congestion, and
repair, sustain, and expand the
subway and other transportation options.
MTA New York
City Transit Crews worked with New York Governor Andrew Cuomo on Thursday afternoon to demonstrate some new technology the MTA is using to speed
subway repairs and address signal delays.
Lhota has proposed that the state and the
city split the cost of the $ 836 million short - term plan to fund
subway repairs.
The budget saw some significant developments centered on the
city's beleaguered
subway system, strengthening sexual harassment policies and
repairing the
city's public housing — though some key issues, such as voting reforms and extending the statute of limitations for child sexual abuse victims, did not make it into the budget.
«It is no secret the New York
City subway system is in dire need of upgrades and
repairs, not only for the safety of commuters and visitors throughout the metropolitan area, but in order to meet the demand of travelers as ridership continues to grow,» Cuomo said.
«By the same measure, I would hope he speaks publicly and advocates for
subway riders in this
city to also get a discount for having to adjust their commutes amid continued
repair work across the five boroughs.»
The governor and mayor are butting heads on how to fund much - needed
repairs to the
city's
subway system.
Speaking with reporters, de Blasio reiterated that he believes passing an additional millionaires tax to pay for
subway system
repairs is achievable because his proposal only impacts New York
City residents, not the main constituents of the Senate Republicans outside the c
City residents, not the main constituents of the Senate Republicans outside the
citycity.