State Comptroller Thomas P. DiNapoli Statement on MTA Financial Plan
New York State Comptroller Thomas P. DiNapoli issued the following statement today on the MTA’s February Financial Plan:
“The MTA’s February Financial Plan underlines the seriousness of the situation the authority – and the state and city – face in dealing with upcoming fiscal challenges. The plan acknowledges that each of the next three years will be balanced with the use of one-time federal relief and most concerningly, in 2025, with deficit financing. The idea that it will be years before the MTA needs to find a solution to its structural imbalance is troubling.