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Old Posted Mar 29, 2019, 12:25 PM
k1052 k1052 is online now
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Join Date: Oct 2007
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Deals starting to come into focus.

Quote:
ALBANY — A congestion pricing program for New York City would provide $1 billion for the Long Island Rail Road under an agreement struck Thursday in state budget negotiations, according to an official familiar with the deal.

Gov. Andrew M. Cuomo's congestion pricing plan would raise billions of dollars in tolls charged to motorists driving into Manhattan below 60th Street. The aim is to reduce traffic congestion while raising money to fix New York City’s subways and commuter rails.

The Long Island Rail Road would get 10 percent of the revenue, the Metro North commuter rail system would get 10 percent, and NYC Transit, which includes subways and buses, would get 80 percent of revenue, according to the official, who spoke on the condition of anonymity because the budget deal hadn't yet been announced.
https://www.newsday.com/news/region-...any-1.29094300

Its a bit aggravating since the subsidy the MTA incurs per LIRR/MNRR rider is already waaay higher than NYCT riders. Also the money pit of the East Side Access which just incinerates piles of cash on contact. If this is the deal it could have been worse though.

Hopefully the dynamic pricing stays in so that the end goal can actually be achieved.
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