Pittsburgh Port Authority adopts $333M balanced budget

Posted on June 25, 2012

Port Authority of Allegheny County's board of directors adopted a $333 million operating budget for Fiscal Year 2013. The budget is balanced, assumes no additional outside funding and includes a fare increase set for July 1 and a 35% service reduction scheduled for September 2.

The Fiscal Year 2013 budget may be amended if changes are made to Port Authority’s operating funding or expenses.

"We continue to work with state, county and union leadership on a solution in the hopes of avoiding the September service reductions," said Port Authority CEO Steve Bland. “Collectively we recognize the loss of 46 transit routes would be devastating to our community and to the local economy.”

This year's operating budget contains $333 million in total expenses, down from $370.2 million total expenses in Fiscal Year 2012. View a presentation on the budget here.

The agency also approved capital improvement budgets for two years. The Fiscal Year 2012-13 budget totals $138 million and Fiscal Year 2013-2014 budget totals $135 million. The Fiscal Year 2013 capital budget has been amended from an original projection of $149 million, deferring additional bus purchases, and park and ride expansion.

Operating and capital improvement budgets serve different functions. The capital budget reflects how Port Authority maintains its extensive system, including more than 26 miles of light rail tracks, nearly 15 miles of busways and roughly 800 vehicles. Capital funding cannot be used for operating expenses.

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

More News

Fla.'s JTA sets launch date for new BRT service

The 9.4 mile Green Line on the North Corridor will feature direct, high-frequency service; 18 branded stations; complimentary Wi-Fi, a Park-n-Ride lot, and real-time bus arrival information.

Canadian bus service to block Internet streaming

Some customers have reported slow internet service, while others couldn't connect at al, due to Internet streaming issues.

Nova Bus names new east coast regional sales manager

Prior to joinging Nova, John Manzi served as eastern regional transit sales manager for a major transmission manufacturer.

Shuttle, circulator routes drawing thousands of riders in Miami

These services carried more than eight million passengers last year in 27 municipalities and are praised by riders and public officials alike as successful transit programs.

Calif.'s VVTA unveils Google trip planner update, web app

VVTA staff coordinated with the county and cities to maintain route and stop accuracy throughout the release cycle. Meeting the needs of the many departments at each agency added to the complexity of the project.

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



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