There is more to your excellent story "MTA faces 'fiscal tsunami' as federal funding depletes" (Sara Krevoy - 7/30/20) that merits consideration for a follow-up story.
MTA Chairman Pat Foye never wants to talk about the billions in other Federal Transit Administration funding that has always been available to assist in dealing with COVID-19 capital and operating expenses.
Why hasn't the MTA ever initiated and completed a forensic audit to determine unspent available balances?
The Federal Transit Administration issued guidance on March 13 that gave all transit agencies, including the MTA permission for reallocation of federal funding from capital projects in existing grants to reprogram these funds toward COVID-19 capital and operating expenses.
The MTA can program these funds toward COVID-19 capital and operating expenses. Have they elected to do so? If so, how much? If not, why not?
On October 1, an additional $1.5 billion in 2021 funds will become available, assuming Congress does its job on time for a change and passes a transportation funding bill.
The MTA can program thesefunds toward covering capital improvements and operating deficits as a result of COVID-19. Have they elected to do so? If so, how much? If not, why not?
Wouldn't these MTA funds be better spent dealing with COVID-19 or other far more critical safety and capital projects that are needed today?