More budget transparency could bolster cash-strapped MTA’s case for new revenue streams: watchdog

52000924953_01089841e2_k-1200×881-1

The Metropolitan Transportation Authority could bolster its case for much-needed new streams of revenue with more transparency around its budget and debt service, watchdog group Reinvent Albany argues in a new report.

The MTA is facing down a looming post-pandemic fiscal crisis in the coming years: authority brass have been sounding the alarm that with stagnant ridership, and federal pandemic relief funds expected to run out, the agency will not be able to plug a multi-billion dollar deficit without new dedicated funding.

More from Around New York