Comptroller: Paying for MTA Capital Plan With Debt Will Crush Riders

Because Albany decided not to pay for the rest of the MTA's capital plan, the amount of debt that transit riders must carry is just going to keep growing. Image: Office of the State Comptroller.
What does it look like when mild-mannered accountants hit the panic button? Something like the latest report on MTA finances from [...]

Source: http://www.streetsblog.org/2011/09/21/comptroller-paying-for-mta-capital-plan-with-debt-will-crush-riders/

Beppe Gabbiani Bertrand Gachot Patrick Gaillard Divina Galica Nanni Galli