According to the MTA, congestion pricing revenue is up and vehicular traffic is down.
A new report indicates that the program has earned $51.9 million in revenue in February 2025, up $3.3 million from the traffic law’s January inception, which totaled $48.6 million. Twenty-four percent of February’s revenue is based on taxi traffic and for-hire vehicles (at a total of $12.3 million), 66% comes from passenger vehicles, 9% comes from trucks, and 1% from comes from buses and motorcycles. Should the plan keep at this pace, the $500 million projection will be attainable.
“Once again, the extensive studies done are proving to be reliable as we close the second month of the program with revenue in line with projections,” MTA Co-Chief Financial Officer Jai Patel said in a statement. “The program continues to reduce traffic while generating projected funds for critical transit projects.”
Congestion Relief revenue funds projects in the MTA’s 2020-2024 Capital Program, which includes an extensive undertakings: accessible stations upgrades, installing modern signaling on Fulton line in Brooklyn and Liberty Av in Queens on the , new rolling stock, zero-emission buses, and extending the Second Ave Subway into East Harlem, among other goals.
The fate of the program, however, is a concern for lawmakers in New York. On Thursday, March 20th, the federal government revealed that New York State would have a 30-day extension to terminate the plan.
Transportation Sean Duffy said on X, formerly known as Twitter: “We will provide New York with a 30-day extension as discussions continue. Know that the billions of dollars the federal government sends to New York are not a blank check. Continued noncompliance will not be taken lightly.”
The Empire State’s response has been to reveal the program’s success thus far.
“This was not an easy journey — countless lawsuits, people going on television constantly berating this, saying it wouldn’t work — I want them to come here now and feel a very different New York City that is very alive and it’s vital,” New York Governor Kathy Hochul said in a statement on Friday, March 21st. “It is not jammed and stuck in traffic, we are moving once again.”
To learn more about the revenue, visit the MTA website.