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MTA Funding Gap Could Impact Riders, Increase Fares

2015-09-30 00:26:02| Railroads - Topix.net

The Metropolitan Transportation Authority recently announced it might not be able to limit fare increases to four percent if it does not receive the needed capital to close a $9.8 billion funding gap. While the short-term outlook for the MTA's operating budget has improved with the economy, it's 2015-19 capital program is facing the $9.8 funding gap.

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