MTA heads direct agencies to slash budgets

The Metropolitan Transportation Authority is directing its agency heads to develop alternative budgets in case the economy takes a turn for the worse.

Transit officials say budget reductions are necessary in order to deal with a nearly $900 million deficit. Each division has been instructed to slash 4.5 percent of expenses.

MTA Chief Financial Officer Gary J. Dellaverson says the cuts should target management-level expenses before affecting service. Some commuters are still fearful of potential service cuts as more turn to mass transit due to the gas crunch.

Additionally, Gov. David Paterson has appointed a commission to examine the MTA?s financial problems. Recommendations from that probe are expected by December.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."