The Board meeting covered various presentations including a mid-year forecast, preliminary budget, and financial plans. Key actions included approvals for labor agreements, design-build service contracts for flood mitigation at the West Side Yard, ADA improvements at Floral Park and Bellerose stations, and station renewals at 3rd Ave-138th St and Brook Ave stations. The board also approved contract modifications for the RFK Bridge structural rehabilitation and ratified task order revisions and contract modifications regarding Communications Based Train Control (CBTC) systems for various transit lines.
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Metropolitan Transportation Authority Safety And Security Committee Meeting
The committee meeting covered safety and security metrics for various operating agencies, including the Long Island Rail Road, Metro-North Railroad, New York City Transit, and Bridges and Tunnels. Key discussions included an update on the CCTV camera program expansion, the use of technology to support public safety, and grant strategies for security infrastructure. The committee also reviewed workplace violence prevention initiatives, employee safety programs, and toll evasion enforcement efforts.
The committee reviewed the MTA's financial performance, including farebox, toll, and other revenue results compared to financial plan projections. Discussions included the MTA's revolving line of credit program reconfiguration, an upcoming issuance of Payroll Mobility Tax Bond Anticipation Notes, and various procurement reports. Real estate action items were addressed, specifically related to the acquisition of property interests for the Nostrand Avenue ADA Project and a lease agreement for street-level retail space in Brooklyn. The committee also covered the MTA annual investment report, cybersecurity certification for the First Mutual Transportation Assurance Company, and general updates on station maintenance billing and pension reports.
May 20, 2026·Board meeting
Audit Committee Committee Meeting
The Audit Committee reviewed the 2026 Audit Work Plan, including the status of ongoing audits and risk assessments. Management provided a review of the MTA consolidated financial statements and an update on the 2025 audited financial statements. The committee also discussed the MTA investment compliance report and an information technology report regarding technology delivery transformation. Executive session items focused on contingent liabilities and third-party lawsuits.