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Rules Committee Forwards Tom Nolan Reappointment as MTA Board Faces Major Budget, Fleet and Taxi Medallion Questions
Summary
The committee recommended reappointment of Tom Nolan to the Municipal Transportation Agency board and heard detailed testimony on the MTA’s fiscal challenges, including an approximate $53 million requested budget cut, an estimated $600 million fleet/facilities shortfall over five years, and multiple taxi medallion sale proposals.
The Rules Committee forwarded the reappointment of Tom Nolan to the Municipal Transportation Agency (MTA) Board of Directors to the full Board, after Nolan and MTA representatives briefed supervisors on near-term fiscal pressures and program priorities.
Nolan and staff described major financial challenges. Committee testimony cited an approximate $53,000,000 reduction requested for the coming year and raised long-term capital concerns — including an estimated $600,000,000 shortfall over five years to maintain the fleet and…
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