MTA Bailout by the Numbers

$2.26 Billion Per Year Bailout by the Numbers
Long Island taxpayers and commuters giving more than they get?

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Between now and 2013 Long Islanders will pay a projected $1.375 billion to bailout the MTA—14.5% of the total MTA bailout—derived from:

$853 million in payroll taxes
$437 million auto fees, licences & registration
$85 million in commuter fair increases
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$328M per year in LI taxes to be used for the bailout.
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The disparity between what LI sends to Albany in tax dollars vs. what we receive in services is increased by 15% (in the State’s favor). A potential $3Billion loss to our region.
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LI has only 134,324 daily riders on LIRR while there are 9million daily riders across all MTA services.
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$197 million from LI Payroll Taxes (per year) = $853M:

$149 million from private sector
$36 million from school districts
$12 million from LI governments (counties, towns, cities, special districts)
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MTA projections on auto registrations, licenses, and fees now through 2013:

Autos on the road:
2.17 million in Nassau/Suffolk
1.88 million in NYC
1.5 million in 5 upstate counties

Annual revenue from auto registrations, licenses and fees:
$109 million in Nassau/Suffolk
$78 million from NYC
$72.8 million from5 upstate counties
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Fare increases of 25% projected for additional $18.4 million in annual revenue scheduled:
June 2009: 10% increase in fares
2011: 7.5% increase
2013: 7.5% increase
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Projections based upon data from LIRR and NYS statistical yearbook. These numbers were used by the MTA and your state legislators to approve the bailout.