Bloomberg Plan
2007-2008
» $8.00 entry fee into Manhattan 12/5
» Average taxi surcharge $1.00
» $500 million new transit investments annually
» No $$ provided for fare relief
» No $$ invested annually in roads and bridges
» 9% faster car/taxi/truck travel in CBD by 2020
» Net economic benefit: $1.4 billion a year
» Job creation unknown
» No toll relief
» Largely unspecified transit improvements
» Political strategy and timeline: top down, 1 year
Move NY Fair Plan
2015
» $5.54 toll each way into Manhattan’s CBD, 24/7*
» Average taxi surcharge $1.35
» $1 billion new transportation investments annually
» $116 million in targeted fare relief
» $375 million annually invested in roads and bridges
» 18% faster car/taxi/truck travel in CBD by 2020
» Net economic benefit: $2.2 billion a year
» 30,000 + new, recurring, local jobs created
» Substantial toll relief on 7 outer bridges**
» $15 billion in revenues to fill MTA’s 5-year (2015-2019)
Capital Plan funding gap (through bonding)
» Political strategy and timeline: bottom up, 4 years
*With time-of-day, peak/off-peak pricing option
**Up to 48% toll reduction on Triboro, Whitestone, Throgs Neck, Verrazano,
Cross Bay, Gil Hodges/Marine Parkway, Henry Hudson Bridges (EZ-Pass)