MTA budget bloat


Infighting and faulty oversight has pushed the MTA's big-ticket megaprojects nearly $2 billion over budget and up to five years behind schedule, a damning new report says.
The Metropolitan Transportation Authority's extension of the Long Island Rail Road to Grand Central Terminal may not be completed until April 2018, five years late, the report from MTA Inspector Barry Kluger found.
The LIRR link, the Second Ave. subway and the Fulton Transit Center projects, are a combined $1.93 billion over budget.
"The failure to complete megaprojects on time and within budget has raised serious concerns...and indicates a need for more effective oversight," the report said.
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