Rail

CapMetro earns gold financial transparency rating

Posted on December 5, 2012

For the third consecutive year, Austin, Texas-based Capital Metro earned the Texas Comptroller’s Gold Leadership Circle designation for the transit authority’s commitment to financial transparency online.

The program recognizes local governments that strive to meet a high standard of financial transparency by opening their books to the public and providing information in a clear, consistent and user-friendly format. Capital Metro was the first Texas transit agency to earn the Gold transparency rating from the Texas Comptroller.

“Capital Metro has worked hard over the past few years to get its financial house in order and gain the public’s trust,” said Capital Metro President/CEO Linda S. Watson. “I am pleased to have led Capital Metro on this path to greater accountability, fiscal responsibility and transparency.”

Capital Metro’s strong financial position and stability enables it to invest strategically in the region’s mobility. The transit agency is implementing a five-year capital improvement plan, which will help build a strong infrastructure throughout the entire five-county region. These improvements include MetroRapid, a new high-capacity transit mode coming to Austin’s busiest streets in 2014, the addition of more efficient and comfortable buses to the fleet, and implementation of positive train control on its commuter rail line.

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

More News

Bike repair kiosks coming to select MARTA stations

MARTA partnered with the Atlanta Bicycle Coalition, a bike advocacy and rider education organization, to initiate the campaign and identify locations for the repair kiosks.

Sacramento RT's Blue Line extension begins service

The expansion offers local commuters an alternative to congested Highway 99 and brings new transit service to the area’s major employers. It will also encourage new retail and residential development in specially zoned areas along the light rail line.

Ariz.'s Valley Metro extends rail line into Downtown Mesa

Seven months ahead of schedule and on budget, the additional 3.1-miles of service on Main Street between Sycamore Drive and Mesa Drive was greeted with big cheers from riders, business owners and local leaders.

San Diego MTS offers free video-on-demand service on trolleys

First U.S. public transportation system offering mobile-based multi-channel VOD

NJ Transit riders face major delays

After a car caught fire inside the Lincoln Tunnel and a train stalled in one of the Hudson River rail tunnels, the delays were the worst since several days of train problems last month drew attention to the rail tunnels’ deteriorating condition.

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 resource for managers of class 1-7 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