New York’s Metropolitan Transportation Authority held more than $90 million in funds and bank accounts that it could have used to meet budgeted costs, state Comptroller Thomas DiNapoli said Wednesday.

According to DiNapoli, auditors found the MTA managed its cash on hand poorly, had excess bank accounts and no set targets for short-term investing of billions of dollars. “The MTA is leaving money on the table,” DiNapoli said. “The MTA must do better.”

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