The Metropolitan Transportation Authority (MTA) was created by New York State legislation in 1965 (the Metropolitan Transportation Authority Act, New York Public Authorities Law, Title 11, Section 1260, et. seq.), as a public benefit corporation.
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The New York MTA is a state-run agency with a unionized workforce and an incredible culture of waste. A bombshell 2017 New York Times report found MTA construction costs were 5 times the international average, due to over-payment and duplication from labor unions and private contractors.
The main stakeholders of the MTA are its customers; the businesses, residents, and taxpayers of our service area and the State; the MTA's employees and unions; and its government partners.
Overall, the MTA's $19.2 billion Adopted Budget for Calendar Year 2023 is divided between Labor costs of $11.5 billion, Non-Labor costs of $4.6 billion, debt service payments of $3.1 billion, and Below- the-line Adjustments of $100 million.
We operate local, express, and Select Bus Service routes in the Bronx, Brooklyn and Queens. Our fleet includes more than 1,300 buses, making it the 11th largest in the United States and Canada.
The New York City Subway is a rapid transit system in the New York City boroughs of Manhattan, Brooklyn, Queens, and the Bronx. It is owned by the government of New York City and leased to the New York City Transit Authority, an affiliate agency of the state-run Metropolitan Transportation Authority (MTA).