NYC Congestion Pricing Generates $52 Million in February
NYC Congestion Pricing Generates $52 Million in February

NYC Congestion Pricing Generates $52 Million in February

News summary

The Manhattan congestion pricing program generated $51.9 million in February, exceeding the MTA's budgeted expectation by $2.3 million. This brings the total revenue from the tolls since its launch on January 5 to over $100 million. The revenue breakdown indicates that 66% came from passenger vehicles, while taxis and for-hire vehicles accounted for 24%, with trucks contributing 9% and buses and motorcycles making up 1%. MTA officials expressed confidence that the program is on track to meet its annual revenue goal of $500 million, which will support $15 billion in transportation upgrades. The program aims to alleviate traffic congestion in Manhattan and promote public transit use. These figures are reported amid ongoing scrutiny from federal authorities regarding the legality of the tolling scheme, as the Trump administration extends its deadline for potential cessation.

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