MTA heads direct agencies to slash budgets

The Metropolitan Transportation Authority is directing its agency heads to develop alternative budgets in case the economy takes a turn for the worse.Transit officials say

PELHAM BAY - The Metropolitan Transportation Authority is directing its agency heads to develop alternative budgets in case the economy takes a turn for the worse.

Transit officials say budget reductions are necessary in order to deal with a nearly $900 million deficit. Each division has been instructed to slash 4.5 percent of expenses.

MTA Chief Financial Officer Gary J. Dellaverson says the cuts should target management-level expenses before affecting service. Some commuters are still fearful of potential service cuts as more turn to mass transit due to the gas crunch.

Additionally, Gov. David Paterson has appointed a commission to examine the MTA?s financial problems. Recommendations from that probe are expected by December.

advertisement | advertise on News 12

Trending Video

An oil truck struck and killed a woman 1 Police: Pedestrian struck, killed on Bruckner Blvd.
Rep. Mo Brooks, R-Ala., left, and Rep. Dave 2 White House, in gamble, demands make-or-break health vote
Fire officials say the fire broke out on 3 Homeowner reportedly hospitalized after Putnam Valley house fire
VIDEO: Deal reached on Rockland sheriff's deputies contract 4 VIDEO: Deal reached on Rockland sheriff's deputies contract
VIDEO: Brooklyn artist pays tribute to slain EMT 5 VIDEO: Brooklyn artist pays tribute to slain EMT

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE