The Metropolitan Transportation Authority (MTA), acting on the behalf of the New York City Transit (hereinafter the β€œAuthority” or β€œNYCT”), a public benefit corporation organized under the Public ... City & State New York: New York’s transit system is on a comeback, but the feds loom large For public transit in New York, it’s the best of times. The Metropolitan Transportation Authority has a projected 2026 annual operating budget of $21.3 billion, bigger than the budgets of some U.S.

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