Sort of; actually, MTA funding is a total mess of state subsidies, taxes on counties in the MTA region (remember, the MTA is more than the subway -- LIRR and MN

Sort of; actually, MTA funding is a total mess of state subsidies, taxes on counties in the MTA region (remember, the MTA is more than the subway -- LIRR and MNR are also under its umbrella), city subsidies, city taxes, real estate income, and fare revenue (and maybe a few more things beyond that). The MTA also issued bonds to cover budget gaps, so now in addition to capital and operating costs it has debt service to deal with. The MTA's internal organization is also a total mess. Metro-North and LIRR use nearly identical equipment (identical except for power systems) but are considered separate agencies within the MTA. The subway system is also considered separate, and in fact there is yet another internal division in the subway: IRT, BMT, and IND (internally referred to as 'A', 'B1', and 'B2' divisions). So there is needless duplication in the management structure. Beyond that, there are two more MTA railroads that are easy to forget about: the Staten Island railroad, and the South Brooklyn Railway (which may be operated as part of the subway's "C" division maintenance group, I am a bit fuzzy on the details there). Incredibly, the SIR uses the same equipment as the BMT and IND, so it is a bit difficult to understand why it is managed separately.