New York A04357 mandates the submission of a twenty-year capital needs assessment to the Metropolitan Transportation Authority Capital Program Review.
New York A04357 amends the public authorities law to require the submission of a twenty-year capital needs assessment to the Metropolitan Transportation Authority Capital Program Review Board. This assessment, which begins in 2031 and repeats every five years, outlines long-term capital investments and establishes a non-binding basis for strategic investment planning. The assessment is certified by the authority's chair and recorded in the review board's minutes. It does not require a vote from the review board and serves only informational purposes.
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