HomeGlobal NewsCuomo And De Blasio Unveil Transit Fix; Mystery Toll Increases, Congestion Pricing And Marijuana Tax
February 26, 2019
Cuomo And De Blasio Unveil Transit Fix; Mystery Toll Increases, Congestion Pricing And Marijuana Tax
New York Governor Andrew Cuomo and Mayor Bill de Blasio announced a framework to fix New York City’s “death spiraling” subway system that needs some $40 billion in improvements.
The new plan will feature congestion pricing, higher tolls with increases locked in at no more than 2% per year, and a promise that the city and state will work together to combat people who evade fares.
The city will also install electronic toll collection devices around the perimeter of the Central Business District (CBD), defined as the streets south of 61st St. in Manhattan.
#2 Congestion pricing
#3 No more than 2% fare increases
#4 Consolidating power for electeds
#8 All design-build for construction
#10 Cuomo and de Blasio will actually work together pic.twitter.com/1a2rNLPAMy
The New York Times reported in 2017 that while ridership had increased 77% since 1991, maintenance spending dipped while on-time performance steadily declined.
And while overall ridership has gone up since 1991, as we reported on Sunday, the number of people using public transit has more recently begun to fall.
According to The Daily News, weekday subway ridership was about 5.44 million in 2018, which was about 143,000 fewer riders per day than 2017. This marked a decline of 2.6%. Bus ridership was about 1.81 million people on weekdays riding local and express buses – 113,000 fewer riders and 5.9% lower than 2017.
The three-year decline between 2015 and 2018 marks the largest for any three-year period since 1975, while bus ridership experienced a 15% drop between 2012 and 2018.
At this rate, a cannabis excise tax may be their only hope!