Daily News Briefs, July 26, 2022

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Another MTA Fiscal Crisis Is In The Making

THE CITY reports, MTA’s finance committee learned yesterday that the agency is headed toward a “fiscal cliff.” While toll bridge and tunnel traffic has rebounded from the pandemic doldrums, transit ridership isn’t recovering at the expected pace, and MTA is now “burning through billions of dollars in emergency federal aid earlier than expected.” Officials “long held that more than $15 billion in one-time federal COVID relief funds would allow the agency to balance its budgets through 2025,” but they now concede that “early-pandemic projections of commuters returning in larger numbers were way off the mark — which could have a painful impact on riders, transit workers and ballooning MTA deficits.” Also affected is the agency’s five-year, $51 billion capital improvement plan, which is dependent on congestion pricing revenue that hasn’t materialized as expected.

Company and Agency Financial Issues And Reports Highway-Tunnel-Bridge Safety (Includes COVID-19 Impacts) Metropolitan Transportation Authority (MTA) New York New York City

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Community Groups Trace Air Pollution Problem To Bay Area Toll Bridge Bike Lane

The Richmond Standard (a hyperlocal news source sponsored by Chevron Corporation) reports, “Bike lanes are typically created with the intent of reducing the number of commuters traveling by car, thus improving the environment. But a sizable coalition of Richmond [California] residents says the one installed on the top deck of the Richmond-San Rafael Bridge is instead contributing to harmful pollution in their city” owing to traffic slowdowns during the morning (westbound) commute. The coalition recommends a solution — opening the bike lane to cars and rerouting bikers to the lower deck lane — that it will present to the Bay Area Toll Authority Oversight Committee in September.

Alternative and Active Transportation Bay Area Toll Authority (San Francisco) (BATA) California Environmental Protection Policies Procedures And Initiatives Metropolitan Transportation Commission (MTC) San Francisco Bay Area (CA)

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These are just some of the toll industry developments TRN is following.

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