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

LA Metro's Regional Connector TBM, 'Angeli,' marks milestone

Angeli was lowered into the ground near 1st and Central in late 2016 and began digging the tunnels in early February.

Keolis starts operation of regional train network in Germany

The TWN consists of five lines, approximately 310 miles of track and 52 stations. Its 27 trains are expected to cover a distance of approximately 3.2 million miles per year.

ABB to help Toronto light rail system cut emissions to zero

Will deliver a medium-voltage distribution and traction power system, including gas-insulated switchgear and substations.

Metra unveils winterization plans, customer communications

Through the use of GPS technology, the agency's communication specialists can monitor the position and timeliness of all trains in the system in real time and alert passengers in a variety of ways.

Alstom, Iraqi goverment sign MOU to develop rail transport systems

These projects would significantly contribute to the development of the country’s urban infrastructure and national economy.

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