Production of next-generation Acela Express fleet underway
Stadler unveils TEX Rail Flirt DMU
Siemens invests in remote monitoring specialist Wi-Tronix
DB consortium selected for California high speed rail
Judge puts the skids on state’s proposed rail trail
Amtrak's CEO shares his vision for rail's future
Flight Rail: a new type of train?
America’s short lines play the long game
New York rail operator bolsters security after London bombing
The proposal would create dedicated and sustained funding streams for the agency, and it includes the joint endorsement of congestion pricing and a plan to reorganize the MTA.
The first point on the list calls for the MTA to develop a reorganization plan to make the agency more efficient and effective, essentially centralizing the common functions among the six existing entities: NYCT, LIRR, Metro-North, MTA Capital Construction, MTA Bus and Staten Island Railway.
The second item includes a congestion pricing financing model—electronic tolling devices would be installed on the perimeter of the Central Business District (CBD), defined as streets south of 61st St. in Manhattan. The tolls would provide discounts for off-peak hours, and emergency vehicles would be exempt from them.
Interestingly, under the plan, the MTA will also receive some revenue from a new internet sales tax in New York City and a cannabis excise tax.
Also, the MTA will be limited to mass transit fare increases of 2% per year, and all MTA Board appointments will be modified so that all terms end with the appointing elected officials’ tenure.
In addition, the plan calls for:
This article first appeared on www.railwayage.com
About this website
Railpage version 3.10.0.0037
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest is © 2003-2019 Interactive Omnimedia Pty Ltd.
You can syndicate our news using one of the RSS feeds.