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

FRA approves blueprint to connect Boston, New Haven to Montreal via rail

The Initiative proposes to restore service between Boston and New Haven, Conn., through Springfield, Mass. and Hartford, Conn., and add new service between Boston and Montreal.

Transit expert, Mendes, joins HNTB as national transit/rail practice leader

Diana Mendes is responsible for strategic planning and implementation, industry representation, business development, service delivery and client satisfaction.

First Transit Wins First Rail Contract in North America

Company to operate and maintain the Denton County Transportation Authority’s A-train 21-mile commuter rail line.

NY Gov. unveils new subway car design, plan for enhanced stations

The MTA is using design-build contracts to expedite the process and ensure the shortest timeframe for project completion. These vital investments are part of the $27 billion, five-year MTA Capital Program to renew and expand the MTA network.

FRA, TxDOT outline rail options between OKC, South Texas

The DEIS addresses the relationships of the major regional markets within the Texas-Oklahoma Passenger Rail Program corridor in three geographic sections, and preferred alternatives are recommended for each geographic section separately.

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