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        Congestion pricing brings in $48.6M in first month, as officials wait on decision for toll’s fate

        News 12 already knew congestion pricing was reducing traffic. In January, there were 1.2 million fewer cars on the street, compared with the same time last year.

        Chris Keating

        Feb 24, 2025, 10:35 PM

        Updated 22 hr ago

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        Newly released numbers released by the MTA show that congestion pricing earned the agency more than $48 million in the first month of its existence - a number that is in line with yearly revenue projections.
        “We project that we’re still on track for the $500 million. Remember January was a short month and a cold month,” says Jai Patel, co-chair of the MTA finance committee.
        The MTA also revealed the revenue by vehicle type:
        • 68% is being paid by passenger cars
        • 22% is from taxis and for-hire vehicles
        • 9% is from trucks
        • 1% is from buses and motorcycles
        There are questions about the low truck number, which some MTA board members want answered. Are delivery trucks skipping New York City or causing traffic elsewhere?
        News 12 already knew congestion pricing was reducing traffic. In January, there were 1.2 million fewer cars on the street, compared with the same time last year.
        This data is being praised by MTA board members and others who have supported the plan from the beginning.
        One of those is the Regional Plan Association, an objective organization that seeks the best interest for the tri-state region.
        “It’s making travel faster it’s making trips to work more reliable and predictable giving people time back in their day," says Kate Slevin, Regional Plan Association's executive vice president. “We hope it stays on.”
        That is to be decided in a federal courtroom.
        The White House has told the MTA to cancel congestion pricing, but the board responded with a federal lawsuit.
        New York Gov. Kathy Hochul recently met privately with the president to try and persuade him to keep it in place.
        “We had a path forward to be able to make the city move again, and it's working. I wanted to just have that opportunity to convey that, but I don't know that we were very persuasive on that front, but that's OK,” Hochul said of the meeting.
        Before Monday's MTA meeting ended, Neal Zuckerman, the chair of the Finance Committee, commented on the president's decision.
        “Every New Yorker is a victim of this situation," he says. “I won’t even talk about President Trump because of his deplorable nature I think is omnipresent in this, but I will say the federal government is hurting New York.”
        As officials wait for the case to be argued before a judge, toll readers will remain active above city streets and the collection of money will continue.