Sunday, February 4, 2024

State Comptroller Thomas P. DiNapoli Highlights MTA’s Significant Needs

 


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DiNapoli Highlights MTA’s Significant Needs

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In his latest report on the Metropolitan Transportation Authority (MTA), State Comptroller DiNapoli examines its latest 20-Year Needs Assessment, which is a comprehensive listing of all capital repairs needed in its regional transit system. DiNapoli’s report uses the MTA’s assessment to identify areas of investment need for its next Capital Program as it strives to improve service and safety, and grow ridership and fare revenue which were decimated by the COVID-19 pandemic. 

“The list of repairs and upgrades needed in our regional transit systems can seem endless, but funds are limited. As the MTA prepares its next capital plan and sets priorities for work, it should remain focused on riders’ experience by improving safety, reliability and frequency of service,” DiNapoli said. “Above all, it needs to be transparent. Riders and policymakers need to know what these capital projects mean for them, the progress that will be made in repairing the system, how much they’re going to cost, and how the MTA is going to pay for them.”

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Comptroller DiNapoli, as Trustee of the New York State Pension Fund, recently wrote to Boeing to express his concerns over the company’s safety record and to eXp Realty over allegations of sexual harassment and assault. These issues can pose significant risks for each company. We’re working to protect the Fund’s long-term value for the 1.2 million members, retirees and beneficiaries of the State's retirement system.

Audit Recommends Labor Department Step Up Investigations of Violations in NYC

Weaknesses in how the State Department of Labor investigates labor law violations in New York City have led to significant delays in holding violators accountable and attaining restitution for workers while allowing infractions to continue, according to an audit released by State Comptroller DiNapoli.

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Tom DiNapoli @NYSComptroller 

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