ASSEMBLY STANDING COMMITTEE ON CORPORATIONS, AUTHORITIES AND COMMISSIONS
NOTICE OF PUBLIC HEARING
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ASSEMBLY STANDING COMMITTEE ON CORPORATIONS, AUTHORITIES AND COMMISSIONS NOTICE OF PUBLIC HEARING |
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SUBJECT: |
Oversight of the Metropolitan Transportation Authority (MTA). |
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PURPOSE: |
To review the short term and long term fiscal and budgetary issues facing the MTA. |
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NEW YORK CITY ORAL TESTIMONY WILL BE BY INVITATION ONLY |
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The combined impacts of the global economic crisis, operating budget shortfalls, a dependence on borrowing to fund increasing capital needs, and years of poor fiscal management have created significant fiscal challenges for the MTA thereby threatening the future viability of mass transit throughout the region. In response, the Governor created and charged the Commission on MTA Financing to review the Authority's financial situation and propose recommendations for actions to address identified funding needs. At the same time, the MTA has released its budget for 2009 which includes measures to address the situation such as service cuts and fare increases. This hearing will serve as an opportunity to publicly discuss and review the short term and long term fiscal and budgetary issues facing the Authority, and examine the Commission's recently released recommendations and other proposals aimed at addressing the MTA's deteriorating financial situation. Persons invited to present pertinent testimony to the Committee at the above hearing should complete and return the enclosed reply form as soon as possible. It is important that the reply form be fully completed and returned so that persons may be notified in the event of emergency postponement or cancellation. Ten copies of any prepared testimony should be submitted at the hearing registration desk. The Committee would appreciate advance receipt of prepared statements. In order to further publicize these hearings, please inform interested parties and organizations of the Committee's interest in considering testimony from all sources. In order to meet the needs of those who may have a disability, the Assembly, in accordance with its policy of non-discrimination on the basis of disability, as well as the 1990 Americans with Disabilities Act (ADA), has made its facilities and services available to all individuals with disabilities. For individuals with disabilities, accommodations will be provided, upon reasonable request, to afford such individuals access and admission to Assembly facilities and activities. |
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Richard L. Brodsky |
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PUBLIC HEARING REPLY FORM Persons invited to present testimony at the public hearing on the short term and long term fiscal and budgetary issues facing the MTA are requested to complete this reply form as soon as possible and mail or fax it to:
Simonia Brown |
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I plan to attend the following public hearing on the short term and long term fiscal and budgetary issues facing the MTA to be held by the Assembly Standing Committees on Corporations, Authorities and Commissions on December 10, 2008. |
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I have been invited to make a public statement at the hearing. My statement will be limited to 10 minutes, and I will answer any questions that may arise. I will provide 10 copies of my prepared statement. |
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I would like to be added to the Committee mailing list for notices and reports. |
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I would like to be removed from the Committee mailing list. |
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I will require assistance and/or handicapped accessibility information. Please specify the type of assistance required: |
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*** Click here for printable form *** |
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