Pataki's Likely Transit Cuts
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The election of George Pataki to the State House in Albany will likely put additional financial pressure on NYC transit systems. Mayor Giuliani's announced 1994-95 cuts in New York City's contribution to Transit Authority capital and operating funds were predicated in part on the
expectation of a Cuomo-led State effort to maintain or minimize any increase to the $1.25 subway and bus fare in 1995. The Governor-elect's pledge to cut NY State taxes, the difficulties of forging a cooperative State House-City Hall relationship after the 1994 campaign, and the State's projected
$4 billion budget shortfall make some diminution of state aid to the city seem unavoidable.