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Proceeds from the PMT green bond sale will be used to finance transit and commuter projects that have been approved in the N.Y. MTA's capital programs.
January 16 -
The MTA's public review process on congestion pricing plan started Wednesday and will run through March 11. The MTA will also hold four hybrid virtual and in-person public hearings.
December 28 -
"There weren't many exemptions made to paying the fee, which should help maximize revenues and make them more predicable when considering leveraging this new revenue stream for infrastructure improvements," said Howard Cure of Evercore Wealth Management.
December 1 -
The Metropolitan Transportation Authority's potential budget gaps could widen to nearly $900 million in 2026, according to the Citizens Budget Commission.
November 27 -
The upgrade "reflects a material improvement in the MTA's fiscal outlook, which was largely driven by New York State increasing the maximum rate of the payroll mobility tax," Fitch said.
October 25 -
The upgrade was spurred by improving ridership as well as increased financial flexibility, said S&P credit analyst Joseph Pezzimenti.
October 4 -
The Metropolitan Transportation Authority pledged in a legal settlement to devote nearly 15% of its capital plan to make more of its facilities accessible.
September 22 -
Moody's also affirmed the A3 rating on the MTA's $20.6 billion of transportation revenue bonds.
September 19 -
William Glasgall of the Volcker Alliance talks about the future of mass transportation across the U.S. as federal pandemic aid nears an end. Thomas Nocera hosts. (21 minutes)
August 8 -
Issuers are grappling with struggling transit systems in post pandemic.
July 27