Monthly Archives: March 2009

Despite Fare Hike and Service Cuts, MTA Budget May Soon Derail Again

Posted by Alan Treffeisen, March 30, 2009 Facing a nearly $1 billion operating budget hole this year, the Metropolitan Transportation Authority’s board decided last week to hike mass transit fares and raise tolls on the agency’s bridges and tunnels. The MTA board also approved an array of subway and bus service cuts. As the MTA’s […]

About Those Services You Prioritized

Posted by Doug Turetsky, March 19, 2009 Each year, as part of the city’s budget process, the 59 community boards are asked to rank the most important services in their districts. For fiscal year 2010, community boards could rank the importance of 90 services provided by 24 public agencies. The services to rank ranged from […]

How Much Did He Say in Pension Savings?

Posted by Doug Turetsky, March 6, 2009 When Mayor Michael Bloomberg released his budget plan in January, many observers were scratching their heads over one number in particular: $200 million in pension savings. That’s the amount the Mayor said the city would save in the next fiscal year alone if a new pension arrangement first […]