November 19, 2013
Wichita Transit has raised fares and cut service to stay afloat as demand for the system increases. Riders are calling for improvements such as more frequent rush-hour service, and longer operating hours, but those may cost about twice the agency’s current budget to implement.
August 23, 2013
Wichita Transit’s financial problems originated in late 2011, when a rate increase significantly reduced ridership. The city of Wichita has committed a little more than $1.8 million to the transit system through early 2015.
February 12, 2013
Chief Financial Officer resigned over an internal report that claimed accounting irregularities and poor management and record-keeping. Agency does not have enough cash reserves to meet its current obligations, according to the report.
September 11, 2012
Embattled CEO Charles Odimgbe, who was placed on administrative leave last month while the agency's finances are being investigated, ordered the new color scheme, but did not seek the approval of the agency’s board of directors, a RIPTA spokesperson said.
August 20, 2012
Even with severe budget issues, the university continues to hold aside $1.6 million from its 2012-2013 budget for construction of the next building in the troubled complex.
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