MTA Announces Another Delay In Congestion Pricing Implementation

Silive.com reports, “The implementation of the nation’s first congestion pricing plan has been pushed back several months in a move that MTA officials anticipate will cost the agency roughly $250 million in expected revenue. Last week, the MTA released its February Financial Plan, which stated that revenue collection from congestion pricing is now expected to begin in the second quarter of 2024, meaning April 2024 would be the earliest that drivers are charged for driving into Manhattan’s Central Business District.” The postponement — the latest in a string — comes as MTA continues to wait for federal officials to act on the program’s environmental assessment. “Despite the MTA’s current financial woes, agency officials have downplayed the effects of the most recent delay, claiming the money is needed, but not immediately.”