Monday, January 28, 2008

Transit - An Excellent Investment

from New York Public Transit Association

Transit providers are a key contributor to New York’s financial health, with 70 percent of all mass transit trips taking residents to and from work. Public funding for transit has a significant effect on New York’s economy, with operating aid providing an economic multiplier of 3.2 for every dollar invested and transit capital projects providing an economic multiplier of 3.0 for every dollar invested.

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