MTA official warns of more cuts, fare hikes

(AP) - An official for the MetropolitanTransportation Authority says additional service cuts or fareincreases might be needed because of a sharp decline in state taxrevenues.

THE BRONX - (AP) - An official for the MetropolitanTransportation Authority says additional service cuts or fareincreases might be needed because of a sharp decline in state taxrevenues. The chief financial officer of the authority, Gary Dellaverson,cited the new projection Monday. He refused to give details of whatis being considered but says to balance the budget the MTA couldmake deeper cuts or increase fares a second time before the end ofthe year. A state bailout of the authority that is backed by Gov. DavidPaterson is bogged down in the Legislature.

advertisement | advertise on News 12

Trending Video

A violent brawl captured on video Thursday night 1 City Island restaurant brawl captured on video
Weekend Travel Advisory, 2/24 to 2/26 2 Weekend Travel Advisory, 2/24 to 2/26
The victim's family tells News 12 emergency officials 3 VIDEO: Fatal apartment fire on Andrews Avenue
Bronx Rises Against Gun Violence, or BRAG, says 4 Group celebrates 1 year without shootings in target area
Filming has started on a new movie starring 5 The Buzz: Kevin Hart movie shoots in the Bronx

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