budget

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In an attempt to close the projected $800 million budget shortfall for 2010, the MTA approved some Long Island Railroad service cuts which will take affect today.  In addition to the peak-hour train cuts on several lines, daily service to the Belmont Park racetrack will be discontinued entirely, except during the Belmont Stakes on June [...]

Follow The Money

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In response to The MTA’s plans for yet another round of fare hikes next July and in 2011, State Comptroller Thomas DiNapoli will begin an audit of the MTA’s finances, according to The Post. The examination of the transit agency’s new budget proposal, which includes the fare increases, is slated to be completed in September [...]

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