Metropolitan Transportation Authority logo

MTA Headquarters

Subscribe to RSS - MTA Headquarters
Press Release
June 25, 2003
IMMEDIATE
MTA Releases 2003 Progress Report To Investors

This week the MTA issued its 2003 Progress Report to Investors. The report highlights the MTA's income, expenses, and long-term financial obligations and is available on the MTA web site at www.mta.info (Investor Information).

The MTA's Progress Report to Investors is just one of the many ways that the MTA regularly communicates with the investment community and public officials about its financial operations.

Press Release
June 19, 2003
IMMEDIATE
LIRR Acting President James Dermody Celebrates 45 Years With Railroad

Long-time Mastic Beach, Long Island resident James Dermody will celebrate his 45th year as an MTA Long Island Rail Road employee on Friday June 20th. Mr. Dermody, literally, has worked his way up the organization to the top, now serving as Acting President of the oldest and largest commuter railroad in the country.

Press Release
June 16, 2003
IMMEDIATE
William A. Morange Named Director Of MTA Security

Metropolitan Transportation Authority Chairman Peter S. Kalikow today announced the appointment of William A. Morange as MTA Director of Security.

Press Release
June 12, 2003
IMMEDIATE
Statement From MTA Executive Director Katherine N. Lapp Regarding I-Lite Electric Guilty Plea

The MTA is gratified by the actions announced today by the Manhattan District Attorney's Office regarding the guilty pleas of Grand Larceny in the Second Degree taken by I-Lite Electric and two of its principals, Danilo Gristina and Antonio Izzo.

In addition, the restitution payment is an appropriate way to compensate the MTA for its losses from I-Lite's fraudulent acts. We look forward to cooperating with the DA's office in this ongoing investigation.

Press Release
June 5, 2003
IMMEDIATE
Statement By MTA Chairman Peter S. Kalikow Regarding Comptroller Letter To Straphanger Group

The State Comptroller, in a recent letter to the Straphangers Campaign, clearly acknowledges that the fare increase was indeed justified and is needed both this year and next. It represents a clear vindication of the MTA Board's March vote to increase fares and tolls.

Press Release
June 4, 2003
IMMEDIATE
MTA To Appeal Today'S Ruling

The MTA intends to appeal to the Appellate Division today's ruling by Judge Robert D. Lippmann rolling back the recent toll increases on MTA bridges and tunnels.

The appeal to the Appellate Division will, as a matter of law, stay the lower court's decision.

Press Release
May 29, 2003
IMMEDIATE
MTA Board Elects Edward B. "Ted" Dunn Vice Chairman

The Metropolitan Transportation Authority Board of Directors today elected Edward B. "Ted" Dunn as a Vice Chairman of the MTA Board. As Vice Chairman for Finance Mr. Dunn will focus primarily on issues of financial reporting and corporate transparency. With this new leadership position Mr. Dunn joins current Vice Chairman David Mack whose primary focus is MTA operations and security.

Press Release
May 16, 2003
IMMEDIATE
MTA And TransitChek Reach Access-A-Ride Agreement

Paratransit customers who also take advantage of the benefits of TransitChek can now pay for their trips with Access-A-Ride trip coupons after an agreement was reached between the Metropolitan Transportation Authority and TransitCenter, Inc.

This money-saving, pre-tax benefit was temporarily unavailable to Access-A-Ride customers after the NYC Transit token was eliminated earlier this month. However, efforts were ongoing to aid the people who use TransitChek.

Press Release
May 15, 2003
IMMEDIATE
MTA Requests Fast Appeals Court Ruling

MTA Chairman Peter S. Kalikow said today the MTA has taken the unusual step of requesting an appeals court to expedite its consideration of the decision to invalidate the fare increase notice and the MTA Board's decision to raise the fares.

Although Justice York's decision was stayed automatically, as a matter of law, the MTA is seeking the Appellate Division's quick consideration to minimize the uncertainty that this litigation has caused the customers of the system.

Press Release
May 13, 2003
IMMEDIATE
MTA Announces Sweeping Financial Changes

MTA Executive Director Katherine Lapp today announced sweeping changes in the agency's budget and financial reporting procedures. The procedures will largely mirror those used by New York City in its four-year reporting process.

At today's MTA Finance Committee meeting, Executive Director Lapp said she would recommend that the full MTA Board adopt the new procedures.

Pages