Topic: Back on Track - What's Ahead for the MTA in 2024 and Beyond

Times:
In Person: 11:30 - 1:30 pm (lunch and networking prior to program)
Zoom Meeting Time: 12:30 - 1:30 pm ET

Locations:
Zoom webinar OR
New York City Bar Association, 42 West 44th Street, NYC

A Zoom recording of this program will be available for one week to everyone who registers in advance.

Details:

Less than a year ago, the Metropolitan Transportation Authority (MTA) warned of recurring $3 billion operating deficits after federal pandemic relief ran out and ridership patterns failed to return to pre-pandemic levels. Recent New York State legislative action averted the looming crisis, completely eliminating projected deficits in the MTA’s most recent financial plan, an unprecedented turn of events. With the operating budget settled, the MTA can pivot to its $55 billion capital plan for 2020-2024, including one of the centerpieces of its capital funding plan, congestion pricing.

Please join us for a fireside chat with Kevin Willens, the MTA's Chief Financial Officer and public finance veteran. Kevin has more than 35 years in public finance, including most recently as Managing Director and Co-head of US Public Finance at Goldman Sachs and 10 years as the MTA's financial advisor.

We will take a deep dive into the assumptions and risks underlying the MTA's operating budget and discuss the authority's capital plans including its upcoming implementation of congestion pricing in 2024.

This event is open to the press.

Moderators:
Chandra Ghosal, Vice President - Senior Analyst
Moody's Investors Service, US Public Finance Group

Tammy Gamerman, Director
Fitch Ratings, US Public Finance - States Team

Cost:

MAGNY and other NFMA Members
$55 Zoom
$75 In-Person

Non-Members
$80 Zoom
$100 In-Person

Questions? Contact [email protected].