Statutes, codes, and regulations
New York Codes, Rules and Regulations
Title 2 - DEPARTMENT OF AUDIT AND CONTROLChapter V - Public Authorities
Part 202 - Budget And Financial And Strategic Operation Plan Format, Supporting Documentation And Monitoring-metropolitan Transportation Authority
Section 202.2 - Definitions

N.Y. Comp. Codes R. & Regs. tit. 2 § 202.2

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Current through Register Vol. 46, No. 51, December 18, 2024
Section 202.2 - Definitions

For purposes of the Part:

(a) MTA shall mean the Metropolitan Transportation Authority, created by title 11 of article 5 of the Public Authorities Law (section 1260 et seq.), as amended.
(b) MTA affiliates shall mean the Triborough Bridge and Tunnel Authority, and the New York City Transit Authority and its subsidiary, the Manhattan and Bronx Surface Transit Operating Authority.
(c) MTA subsidiaries shall mean the Long Island Rail Road Company, the Metro- North Commuter Railroad Company, the Staten Island Rapid Transit Operating Authority, the Metropolitan Suburban Bus Authority, the MTA Capital Construction Company and the First Mutual Transportation Assurance Company, together with all other subsidiary corporations formed by the MTA in accordance with the provisions of section 1266 (5) of the Public Authorities Law.
(d) MTA Headquarters shall mean the budgetary component within the MTA that provides for certain centralized functions, such as budgeting, cash management, finance and legal services.
(e) MTA agencies shall mean MTA headquarters, MTA affiliates and MTA subsidiaries.
(f) Budget shall mean the preliminary, proposed final and final operating budgets of the MTA and each of the MTA Agencies.
(g) Plan shall mean the financial plan for the MTA and each of the MTA agencies, and any updates.
(h) Gap shall mean the difference between projected revenues and expenses for any given fiscal year before a proposed fare increase or other proposed management actions that increase revenues or reduce costs.
(i) Gap-closing program shall mean any combination of management actions that reduce costs or increase revenues that lower a gap in any given fiscal year.
(j) Utilization shall mean subway, bus, railroad and paratransit ridership, and bridge and tunnel crossings.
(k) Reimbursable shall mean costs and expenses that are funded by capital funds.
(l) Capital Program Review Board shall mean the Metropolitan Transportation Authority Capital Program Review Board created by section 1269-a of the Public Authorities Law.

N.Y. Comp. Codes R. & Regs. Tit. 2 § 202.2