Albany Grabs Another $16.7 Million From MTA

Last week, the MTA announced it lost another $16.7 million to an Albany raid [PDF].�Because of lower-than-expected federal assistance for Medicaid, Albany instituted an across-the-board budget sweep of 1.1 percent, cutting state spending and also siphoning off theoretically separate revenue streams dedicated to specific programs and agencies, like the MTA. It’s a reminder that the [...]

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