(Kate Hinds, Transportation Nation) Lieutenant Governor Richard Ravitch released a report today that says New York needs billions of dollars just to maintain its aging infrastructure--and "has no credible strategy for meeting future needs."
"Because of the constraints on the State’s resources, New York must refocus its transportation program to emphasize state-of-good-repair, safety and security, more efficient and cost-effective project delivery, and better regional planning," he writes in the report. "While politicians often speak of doing more with less, the fiscal reality of the next decade may dictate that New Yorkers learn to do less with less."
We'll have more analysis later. You can read the full report below.