Part of New York's Metropolitan Transportation Authority, Metro-North Commuter Railroad carries passengers between New York City and its New York and Connecticut suburbs. The company, known as MTA Metro-North Railroad or Metro-North, covers 775 miles of track and serves a ridership of about 83 million. Three of the company's lines operate from Grand Central Terminal in New York City; the other two operate from Hoboken, New Jersey. MTA Metro-North Railroad serves more than 120 stations in seven counties in New York State (Bronx, Dutchess, New York, Orange, Putnam, Rockland, and Westchester) and two in Connecticut (Fairfield and New Haven). The railroad operates with an annual budget of more than $600 million.