STATEMENT

by Kathryn Wylde, President & CEO
PARTNERSHIP FOR NEW YORK CITY

New York, New York
February 8, 2010

PDF 91K

Statement From Kathryn Wylde, President & CEO of the Partnership for New York City, on Governor Paterson's MTA Mobility Tax Proposal

“Last year, the Partnership for New York City supported a payroll tax increase because it was a part of a broad-based MTA rescue plan which required businesses and individuals from different parts of the state to contribute on a rational and fair basis.

A far-reaching and dependable regional transit system is among New York State’s greatest assets. The Partnership for New York City remains open to discussing new ways to improve the MTA’s finances, so long as the approach is equitable and balanced.

Additional funding, however, cannot be justified unless the MTA gets better control of spending and improves its contracting and procurement processes.”

The Partnership for New York City (www.pfnyc.org) is a network of business leaders dedicated to enhancing the economy of the five boroughs of New York City and maintaining the city’s position as the center of world commerce, finance and innovation.