Bus

St. Louis Metro approves FY 2012 budget

Posted on May 23, 2011

The St. Louis Metro board of commissioners approved an operating budget of $243.1 million for Fiscal Year 2012, which allocates resources to run the transit system for the fiscal year beginning July 1, 2011.

Higher gas prices will be one significant impact on the cost of operations. The agency purchases approximately six million gallons of fuel annually, and the overall increase in fuel cost is expected to be $6 million for the year. Higher operating expenses also include an 8 percent increase in parts and supplies due, primarily, to the volatility of metal prices.

Metro fares will remain the same in FY 2012 in an effort to continue to encourage ridership growth that was curtailed following the 2009 service cuts. The agency projects that stable prices will generate an increase in passenger revenue due to ridership growth.

Metro President and CEO John Nations said the agency continues to operate under tight spending and budget restrictions and it will continue to improve the efficiency of operations.

The board also approved Metro's budget for capital projects that include the replacement, rehabilitation and modernization of infrastructure, vehicles, equipment and systems. A major project included in the budget is the construction of a new Scott Avenue Transit Plaza at the Grand MetroLink Station.

The FY 2012 budget also allocates resources to begin planning for future transit projects such as bus rapid transit and other initiatives identified in Metro's long range plan for transit in the St. Louis region. Completion of expansion projects will also require funds from federal sources.

View comments or post a comment on this story. (0 Comments)

More News

Grande West receives orders for 9 Vicinity buses

Current total firm orders for 2017 and the first half of 2018 Vicinity deliveries are for 276 buses valued at over $74 million.

Gillig moves into upgraded HQ in Livermore, Calif.

The 127-year-old business, which operated out of Hayward for more than 80 years, will celebrate its grand opening on June 1.

Alexander Dennis begins Switzerland double-decker bus deliveries

The vehicles ordered for Eastern Switzerland are based on the company's Enviro500 standard model, but the company has adapted them to PostBus’s needs and Swiss regulations.

MCI delivers Commuter Coaches, J4500s to Texas, Canada

The first five Woodlands Township MCI Commuter Coaches were delivered in December of 2015, followed by 10 more coaches in March 2016, while Banff's Brewster Travel Canada has added 20 J4500s in 2016 and 2017.

ARBOC produces Spirit of Liberty buses for Fla. agency

Martin County intends to use these buses on their Commuter Service to Palm Beach County.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close