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Budget - Assignment Example

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The state will channel the funds through Metropolitan Transportation Authority (MTA) and Department of Transportation (DOT). It is proposed in this budget that…
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Budget Assignment
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Download file to see previous pages It constructs, reconstructs, maintains, and snow and ice removal throughout the state. It also provides funding for rail, airport, bicycle, pedestrian, and canal programs as well as local government highway and bridge construction. MTA is one operator under DOT besides other more than one hundred and thirty operators running the transportation system.
The budget provides funding for DOT capital program of over $3.5 billion to facilitate capital improvement of highways, rail, bridges, aviation infrastructure, non-MTA transit, and DOT facilities. The first $150 million in the $750 million proposed above, for state and local bridge initiative to accelerate the rehabilitation of a hundred bridges serving critical freight, agricultural and commerce corridors. $477.8 million is set aside for funding local highway and bridge projects under Consolidated Highway Improvement Program (CHIPS) and Marchiselli program. DOT will also invest $50 million to accelerate planned fleet upgrades such snow plows, up-fitting heavy pickups to assist in snow removal and installation of vehicle management systems (New York State, 2015).
The main transit system will get $4.8 billion of transit operating aid for systems throughout the state broken down as $4.35 billion in new funding and $464 million for other transit systems. An extra $121.5 million is proposed from downstate taxes to fund capital expenses for MTA Downstate Transit Systems. Thruway Authority is to be funded with $1.285 billion for Thruway Stabilization Program for expenditures on NY Bridge, and statewide system. The authority will also continue receiving $85 million in overall support including $21.5 million via direct appropriation. Towards the Department of Motor Vehicles (DMV), the Executive proposed an all funds appropriation of $324.9 million with $199.2 million as capital funding while the rest are fees charged by various departments (New York State, 2015).
The Senate agreed with a majority of the budget ...Download file to see next pagesRead More
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