MAGNY November Event: Back on Track - What's Ahead for the MTA in 2024 and Beyond
Monday, November 13, 2023, 12:30 AM - 1:30 PM EDT
Category: Events
Topic: Back on Track - What's Ahead for the MTA in 2024 and BeyondDate: Monday, November 13, 2023
Locations: 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: Cost: MAGNY and other NFMA Members
Contact: [email protected] |