For the second year in a row, New York State Comptroller Thomas DiNapoli weighed in on a 2014-2015 state budget maneuver proposed by Governor Cuomo that puts MTA dedicated funds at risk.
In the Comptroller’s review of the Executive Budget, DiNapoli highlighted Governor Cuomo’s proposal to divert “$40 million from the Metropolitan Mass Transit Operating Assistance (MMTOA) account to the General Debt Service Fund to pay debt service typically paid from the State’s General Fund.” DiNapoli was explicit in calling the move “additional General Fund relief.” The Comptroller also noted that the $40 million are “resources that could otherwise gone to the MTA,” presumably to bolster service on existing transit routes in the region or even go towards helping Mayor Bill de Blasio achieve his goal of 20 additional bus rapid transit routes in the five boroughs. The proposal first drew ire last year.
One area the Comptroller did not address in his budget review was the Governor’s proposal to repeat this diversion beyond this fiscal year. According to the Governor’s Financial Plan, each year beginning in FY2016, the budget will divert $20 million of dedicated transit funding to provide for General Fund Relief. Advocacy groups have signaled the alarm and petitions are circulating.
DiNapoli also did not address the loss of MTA funding caused by the 2011 roll-back of the Payroll Mobility Tax. While the Governor’s budget includes the roughly $310 million (in 2011 dollars) that would help fill the gap, that amount does not account for lost revenue as a result of new job creation over the past three years. The New York State Department of Labor estimates that 218,300 jobs were created in the downstate MTA region from November 2011 to November 2013, which means that additional PMT revenue likely would have been generated from these additional jobs in excess of the $310 million.
[…] DiNapoli Calls Out Cuomo on His Latest $40 Million Transit Raid (MTR) […]
Governor Cuomo made a big deal about emphasizing global warming and associated Climate Change after Hurricane Sandy. Green Transit is the
best way apart from ending the endless Wars to save oil and greenhouse emissions since Auto Addiction accounts for 70% of US oil usage and 35% of
greenhouse emissions. Yet once again Gov Cuomo at the behest of his plutocrat backers is pushing Auto Addiction over Green transit. The worst example of this is Cuomo’s pushing of an Autos only new Tappan Zee bridge for billions of dollars when providing a Rail link would eliminate the need for the 130,000 vehicles per day, saving oil, greenhouse emissions, land, traffic deaths and the vast resources wasted now on personal cars as the only means of transit. The lowering of tolls to Staten Island is another example of catering to Auto Addiction. Gov Cuomo has argued that a Rail project would not “make money”. I wonder where future generations will get the money for pay for ever more expensive post peak oil and the climate change disruptions of the tar sands, fracked oil and the storms and ocean rising they will produce?
[…] New York Assemblymembers Jim Brennan, Michael DenDekker, Dick Gottfried and Nily Rozic — The quartet of Assemblymembers joined advocates on Sunday to call on Governor Cuomo to restore the $40 million that was diverted from the MTA to the general fund. […]
[…] and diverting it to service debt that funds MTA capital needs. But Comptroller Tom DiNapoli calls it a transit raid, and advocates point out that it reneges on a commitment the state made over a decade ago and […]
[…] As the days to the adoption of the budget wind down, be sure to contact your state senators and assembly members and urge them to hold firm against Governor Cuomo’s transit raid. […]