Tran­sit ex­pert: MTA Still Needs To Prove It­self

New York Post - - POST OPINION -

The Metropoli­tan Trans­porta­tion Au­thor­ity needs more fi­nan­cial re­sources for cap­i­tal im­prove­ments. But the Man­hat­tan In­sti­tute’s Ni­cole Geli­nas says “nei­ther the state nor the city should pro­vide them” un­til the MTA “can prove that it can per­form bet­ter in choos­ing, ex­e­cut­ing and fi­nanc­ing cap­i­tal projects.” Fact is, “for more than a decade, the MTA has failed to demon­strate that it can in­vest ex­ist­ing re­sources wisely.” It has fa­vored com­muter-rail lines over sub­ways, “failed to ef­fi­ciently man­age its large projects, with cost over­runs and sched­ule de­lays” and hasn’t demon­strated suc­cess with both de­liv­er­ing projects and fi­nanc­ing them in ways that “bet­ter re­flect who ben­e­fits from them.” It also needs to “bet­ter con­trol its long-term li­a­bil­i­ties” so that fu­ture re­sources “are not crowded out by grow­ing debt-ser­vice and re­tiree-ben­e­fit costs.”

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