Metro North Funding in New State Budget

The recently enacted State Budget allocates the state’s $5.4 billion in financial settlements to continue growing and strengthening New York’s economy. The budget includes the $1.5 billion Upstate Revitalization Initiative to jumpstart the best regional approaches to economic development, $1.3 billion to stabilize the Thruway Authority and keep tolls down while still funding critical repair and maintenance and supporting the ongoing construction of the New NY Bridge (nee the Tappan Zee), and invests $500 million to ensure that every New Yorker has broadband access by the end of 2018. The FY2016 budget also allocates $250 million in funding for the East Bronx Metro North expansion plan.


In a statement, Bronx Borough President Ruben Diaz, Jr. said, “Governor Cuomo has long understood that new Metro North options in Co-op City, Parkchester, Morris Park and Hunts Point will not only make our region’s transportation system stronger, it will also open up new economic opportunities for almost 95,000 residents living near the proposed stations. This new budget shows that the State Legislature agrees.”


Diaz called the East Bronx Metro North Expansion transformative plan and praised Governor Cuomo and the State Legislature for moving the plan forward as part of the enacted state budget.

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