New York governor halts Manhattan congestion pricing plan in blow to MTA trains.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trains.com Daily Mail and Mail on Sunday newspapers.
The congestion pricing plan has been expected to bring in roughly $1 billion a year in revenues, that the MTA would then borrow against to fund $15 million in capital projects.
The Central Business District Tolling Program was mandated by the State in April 2019 and modeled on urban congestion pricing programs around the world to reduce traffic congestion and raise needed revenue to improve public transportation.
Governor Hochul Announces Decision To Delay Congestion Pricing - The 5 Towns Jewish Times 5tjt.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 5tjt.com Daily Mail and Mail on Sunday newspapers.
Gov. Kathy Hochul's eleventh-hour decision to halt New York's congestion pricing program put a big question mark on $15 billion in mass transit capital