Bus

TriMet budget keeps fares, service steady

Posted on March 14, 2013

Portland, Ore.-based TriMet released its Fiscal Year 2014 budget. While there remains uncertainty ahead, the agency expects that there will be no service cuts or fare increases.

The key foundation of the $485 million operating budget assumes that the arbitration award for the just-expired contract with the Amalgamated Transit Union is upheld and TriMet’s offer stands, providing some breathing room and ability to invest in critical infrastructure.

The agency’s revenue projections are $28 million higher than previously projected. Part of the increase is due to a $9.5 million spike in additional federal funds dedicated to rail capital maintenance and about $4 million is related to higher inflation assumptions compared to last year.

Budget priorities include:

  • Accelerating new bus purchases, eliminating all older high-floor buses four years earlier than anticipated and reducing the average age of the fleet to eight years, which is the industry standard; $8.8 million for three years.
  • Increasing bus service to address schedule reliability and rush hour overcrowding; $1.6 million annually.
  • Continuing the Access Transit Fare Programs (previously called the Low-Income Mitigation Program); $1.3 million annually.
  • Hiring 10 operators to comply with new Hours-of-Service policy for bus operators; $1 million a year.
  • Increasing the contribution to union unfunded defined benefit pension fund; $4 million in FY14, $2 million in FY15.
  • Increasing light rail vehicle and track maintenance, plus improve lighting and stations renewal along the MAX system; $9.5 million.
  • No fare increase (a loss of $2 million in revenue).

TriMet still faces a future of service cuts and fare increases if the agency does not win the arbitration award challenge and prevail in making reforms in the upcoming contract. Current contract negotiations are at a standstill.

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

More News

Man charged with murder after stabbing Winnipeg Transit bus driver

The incident occurred at 2 a.m., when the driver pulled up to the last stop of his shift and asked the man to leave the bus. After a physical altercation, which ended up outside the bus, ensued, the driver was stabbed multiple times.

N.Y.'s NICE to add 33 New Flyer buses

Twenty-eight 40-foot buses will replace existing buses in the NICE fleet that have reached the end of their useful life, while five 60-foot buses will be used on the customer's new bus rapid transit line, scheduled to start service in 2017.

Nova Bus, ABB partner for electric bus, charger delivery to N. America

The ABB DC fast charger, with the associated systems, is based on the common interface, which allows charging stations and electrified buses from different manufacturers to be used together.

Proterra names Horton to CCO post

Will lead the end-to-end customer lifecycle as Proterra triples production and initiates large-scale deployments across North America.

Stertil-Koni adds new capabilities to transmission jack

The battery-operated jack can be charged overnight and used without cables. The pneumatic jack has an attached air hose to keep it working. Previously, transmission jacks were manually hand-pumped, much like a car jack.

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