$923M surplus seen for New York's Metropolitan Transit Authority. (27-SEP-05) Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

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$923M surplus seen for New York's Metropolitan Transit Authority.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 27-SEP-05

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Byline: Pete Donohue

Sep. 27--The MTA could end the year with a bigger-than-expected $923 million surplus -- and should consider using the money to scrap planned fare and toll hikes, state Controller Alan Hevesi said yesterday.

The MTA is looking at an extra $95 million thanks to higher taxes and state...

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