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Comptroller: Debt could leave MTA capital plan nearly $3B short, impact planned NYC transit improvements

Comptroller: Debt could leave MTA capital plan nearly $3B short, impact planned NYC transit improvements Updated Apr 21, 2021; Posted Apr 21, 2021 A new report from the state comptroller found that the MTA could be approximately $3 billon short of the funding it needs to complete its 2020-2024 capital plan. (Staten Island Advance/Erik Bascome) Facebook Share STATEN ISLAND, N.Y. Unexpected debt brought about by the ongoing coronavirus (COVID-19) pandemic could leave the MTA billions of dollars short for its 2020-2024 capital program, according to State Comptroller Thomas DiNapoli. On Tuesday, DiNapoli released an annual report evaluating the MTA’s outstanding debt, claiming that the agency may not have the necessary funds to complete its historic $54.8 billion plan.

Allison Transmission s eGen Flex™ Electric Hybrid Solution Introduced in New York City Transit Buses

Press release content from Business Wire. The AP news staff was not involved in its creation. Allison Transmission’s eGen Flex™ Electric Hybrid Solution Introduced in New York City Transit Buses April 21, 2021 GMT Allison Transmission s eGen Flex, its next generation electric hybrid propulsion solution, will be put into revenue service at New York City Transit (NYCT) in May (Photo: Business Wire) Allison Transmission s eGen Flex, its next generation electric hybrid propulsion solution, will be put into revenue service at New York City Transit (NYCT) in May (Photo: Business Wire) INDIANAPOLIS (BUSINESS WIRE) Apr 21, 2021 Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, is pleased to announce that the eGen Flex™, its next generation electric hybrid propulsion sol

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