The MTA's recent five-year renovation plan has received approval from the Capital Program Review Board, yet it still faces a significant $3 billion funding shortfall. This comes after months of negotiations and setbacks, during which state leaders initially rejected the plan for lack of complete funding. Governor Hochul's proposal for a payroll tax increase covers part of the deficit. The MTA claims it can save this amount through stricter efficiencies, building on recent successes in reducing construction costs despite prior failures in large projects. Advocates express growing confidence in MTA's revitalized approach to infrastructure development.
We lost the muscle memory for building, but we're regaining it, said Danny Pearlstein of Riders Alliance.
This was the first capital plan in agency history to be based on a full-scale, comprehensive review of the system.
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