It seems that TransLink’s former CEO may have jumped out of the frying pan and into the fire, as New York’s Metropolitan Transportation authority (MTA) seems to be in severe financial distress. There has been much positive news here of late about the MTA, but it seems the transit authority faces the same problems as most others – funding. An aging subway system (subways are notorious for expensive maintenance – Canada line take note!) is adding more stress on the MTA’s operating budget.
When it is all said and done, Mr. Prendergast probably will find it easier to deal with New York politico’s and bureaucrats than Mr. Campbell & friends and his short sojourn with TransLink was an eyeopener on how BC shady public transit practices are. As noted in one blog, “He got out of Dodge fast!”.
The following from the New York Times may be of interest.
Why Is the M.T.A. Always in Trouble?
By THE EDITORS – New York Times
The Metropolitan Transportation Authority, which is struggling to fill a sudden budget gap of $400 million, voted to approve a slate of cuts, including phasing out free student fares, reducing or ending service on dozens of bus lines and eliminating two subway lines, the W and the Z.
The current financial crisis came up quickly as expected revenues plummeted. For riders, the M.T.A. seems to be in perpetual trouble, with threats of fare increases and service cuts even in good times. A 7.5 percent fare increase is already scheduled for 2011. Strong union contracts and an aging infrastructure make cost control challenging. What savings and efficiencies might be achieved immediately, and what cuts need to be done in the out years?
For the rest of the article:
Tags: Abbotsford, BRT, C-train, Chilliwack, economic stimulus, Evergreen Line, Fraser River rail bridge, light rail, NDP, passenger rail, Patrick Condon, Rail for the Valley, streetcars, Surrey, track-sharing, tramtrain, transit, Translink, UBC, UBC SkyTrain, VALTAC, Vancouver