Testimony Transportation

Testimony on MTA's Revenue Risks

To the MTA Board

December 16, 2015

In this testimony, CBC Research Associate Jamison Dague warns the potential impact of an economic downturn could be as high as $1.5 billion, or as high as 3.9 percent of MTA's 2018 budget, and suggests ways the MTA can prepare for a future recession now without adding to the agency's long-term costs.