The problem is that no one in NYC, rich or poor, has any confidence in the MTA's ability to properly and efficiently use these funds. This stems from a long history of incompetence and wastefulness by the MTA
> no one in NYC, rich or poor, has any confidence in the MTA's ability to properly and efficiently use these funds
They're already using them, and the results show. They could have done it cheaper. But the LIRR is operating at Swiss rail efficiecies since the recent electrification and signalling improvements.
What electrification and signal improvements are you talking about? Signal upgrades are a constant thing in the MTA, both for the LIRR and the subways. They are not something that just started with congestion pricing funds.
Also, efficiency was already on the upswing for the LIRR long before congestion pricing funds[1].
> They are not something that just started with congestion pricing funds
Correct. But they’re being expanded. Early signs are there. And we have precedent to show that funding this work, and funding it sooner, works.
> efficiency was already on the upswing for the LIRR long before congestion pricing funds
Correct. Congestion funds accelerate that process.
I spoke an inarticulately, but the point was trying to make is that we have precedence for quality and efficiency improving capital spending by the MTA. The bonds the MTA issued earlier this year double down on that. The early signs of that spending show those capital deployments are helping in the way the preceding spending did.