Metropolitan Transportation Authority commissioners raised concerns about rising costs and a lack of transparency at the nation’s largest transit agency as they voted to increase spending on major projects by $800 million. An MTA staff presentation to commissioners Wednesday emphasized that the requested increase in the agency’s five-year spending program to $33.3 billion from $32.5 billion requires no additional funds. The revised budget will be made possible, in part, by using unspent money from the previous spending plan.

Source: Wall Street Journal April 25, 2018 23:38 UTC