News Tagged With: budget-shortfall
1-10 of 29

June 18, 2014

UPDATED: Detroit streetcar facing $12M shortfall

A two-page letter to Transportation Secretary Anthony Foxx warned the project urgently needs additional grant money to proceed, but said it would survive without the funds, though; it would have to be scaled back.


May 13, 2014

NJ Transit may begin selling online ads to private firms

The two-year trial program would culminate in a report examining whether the ads brought in enough money to make them worth the state’s effort.


January 21, 2014

L.A. Metro proposes hefty fare hike

Transportation officials recommended increasing fares gradually by up to 117% over the next eight years to address what could potentially be a $225 million debt for the transit system in 10 years.


September 12, 2013

SEPTA 'doomsday' plan slashes service

Would eliminate 9 of its 13 rail lines and shorten two others, close a subway line, and convert trolley routes to bus lines, if the state doesn't come up with more money for public transit this year.


May 1, 2013

Cincinnati streetcar faces $17.4M shortfall

Project funding gap is in part due to bids to install tracks, build shelters and buy ticket machines being $26 million to $44 million higher than estimated by the city.


March 27, 2013

Ore.’s Portland Streetcar only getting half of projected fares

As a result, the Portland Bureau of Transportation faces a shortfall in funding the streetcar's $8.9 million annual operating budget.


November 14, 2011

Missouri U. transit system struggles with funding

University representatives on the City of Columbia’s Transit System Task Force advised Mayor McDavid against increasing the student fee for the system. The Mayor says if Columbia Transit does not generate more revenue, the city could be forced to cut $800,000 of funding.


September 20, 2011

Toronto Transit to eliminate 482 positions

In an effort to close a $101 million shortfall in its 2012 operating budget, the agency will cut unionized and non-unionized positions. Front line, unionized positions will be eliminated through attrition.


July 12, 2011

Boston's T selling station naming rights

MBTA hopes to raise revenue to fill a projected $150 million budget gap for the 2013 fiscal year.


May 23, 2011

AC Transit cancels 'Fiscal Emergency' hearing

The public hearing was planned in anticipation of a substantial shortfall in the agency's working capital for the fiscal year ending June 30, 2012.


E-NEWSLETTER

Receive the latest Metro E-Newsletters in your inbox!

Join the Metro E-Newsletters and receive the latest news in your e-mail inbox once a week. SIGN UP NOW!

View the latest eNews
Express Tuesday | Express Thursday | University Transit

White Papers

Mass Transit Capital Planning An overview of the world-class best practices for assessing, prioritizing, and funding capital projects to optimize resources and align with the organization’s most critical immediate and long-term goals.

The Benefits of Door-to-Door Service in ADA Complementary Paratransit Many U.S. transit agencies continue to struggle with the quality of ADA service, the costs, and the difficulties encountered in contracting the service, which is the method of choice for a significant majority of agencies. One of the most basic policy decisions an agency must make involves whether to provide door-to-door, or only curb-to-curb service.

Mass transit mobile Wi-Fi & the public sector case study How Santa Clara Valley Transportation Authority successfully implemented Wi-Fi on its light rail and bus lines

More white papers


DIGITAL EDITION

The full contents of Metro Magazine on your computer! The digital edition is an exact replica of the print magazine with enhanced search, multimedia and hyperlink features. View the current issue