MTA "Doomsday" Measures to Address COVID Losses

(in millions)

Deferrals would be paid back in 2022-2024, which show a negative value. Other Post-Employee Benefit (OPEB) Trust funds are intended to provide a buffer for increasing retiree healthcare costs; the future cost to MTA of using this trust is unknown. For additional fare and toll increases, fares would rise an additional 1% over the already-planned 4% increase, and tolls by an additional $1 beyond planned increases. Elimination of MNR West of Hudson service would include $1.2B in capital savings, split here over 2021-2024. For the savings related to the delay in LIRR East Side Access, service was not anticipated to begin until 2022, so the savings are split from 2022-2024.
Chart: Reinvent Albany Source: MTA August 2020 Financial Update Get the data