The Metropolitan Transportation Authority (MTA)’s 2020-2024 Capital Plan released earlier this month proposes a $51.5 billion budget for the New York City region’s subways, buses and railroads over the next five years, the highest in the authority’s history and 70% higher than current levels. The proposal, which requires board approval, includes funding for the second phase of the Second Avenue Subway, modernizing subway signals, adding new subway cars, upgrading stations and tracks, and making 70 stations compliant with the Americans with Disabilities Act. The program also includes $3.3 billion for MTA bridge and tunnel improvements. The plan will be reviewed by the MTA Board at its Sept. 25 meeting and, if approved, would be submitted by Oct. 1 to the MTA Capital Program Review Board for consideration and approval.
https://www.constructiondive.com/news/mta-eyes-historic-51b-budget/563068/