Management & Operations

Md. MTA audit finds budget gap, fuel overpayments

Posted on February 24, 2015

0_9057_5
0_9057_5

BALTIMORE, Md. — A state audit has found that bus, light rail and other transit fares will have to increase by more than the planned 10 cents this year for the Maryland Transit Authority (MTA) to come close to having passengers pay at least 35% of the cost of the system, the City Paper reported.

One major issue the audit found was the MTA effectively paid double for fueling its paratransit fleet, by including fuel costs in the hourly payment and then paying again for fuel separately. The overpayments totaled about $10 million. The 35-page audit by the legislative auditor comes on the heels of a special report about apparent fraud at the MTA. For the full story, click here.

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

More News

Calif.'s SANDAG selects new executive director

Hasan Ikhrata will be responsible for leading a SANDAG staff of approximately 375 people and overseeing a $1.3 billion annual budget.

CTA seeking corporate sponsorships for iconic assets

The Superlative Group was awarded the contract based on its successful track record in monetizing transit agency assets throughout the U.S.

Joing the fundraising reception to help APTF celebrate 30 years

Will be held on Sunday, Sept. 23, from 8 p.m. to 11 p.m. at Acme Feed and Seed in conjunction with the APTA Annual Meeting in Nashville.

Former Valley Metro CEO pleads guilty to fraud charge

Stephen Banta, who served as CEO from early 2010, resigned in late 2015.

Metrolink honors memory of those killed, injured in 2008 train crash

Ten years ago, a Metrolink passenger train collided head-on with a Union Pacific freight train in the Chatsworth area.

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