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Budget issues could mean delays for MTA projects

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NEW YORK -- June 30 is the day MTA officials are keeping in mind as they monitor developments regarding the MTA Capital Plan.

That's the $26 billion program for new projects and improvements. If it's not funded some projects could be delayed.

Both Governor Cuomo and Mayor Bill de Blasio have pledged to fund it. But the actual details have not been worked out specifically yet in the state budget.

That process is going on now and officials hope for some developments by April 1.

MTA Chairman Tom Prendergast says the MTA is a valuable asset and lawmakers realize that as well.