Last week, Gov. Cuomo and New York City Mayor De Blasio announced an agreement on funding the MTA Capital Program. The state will provide $8.3 billion, while the city will contribute $2.5 billion to the MTA’s $29 billion capital plan.
The Capital Program outlines the next five years’ worth of vital investments to renew, enhance and expand the MTA network, totaling $26.1 billion. However, it is not clear exactly how the Governor and Legislature will fund the state’s share of this commitment.
The Senate Republicans have also said that the state must commit to a transportation infrastructure plan that addresses the transportation needs for the rest of the state. We agree. Now that the Governor and New York City Mayor have resolved their differences, it is time for lawmakers to put in place a broad transportation master plan that meets the needs of all New York State. And we need to know how it is going to be paid for.