University

Cornell U. president struggling to find funds for transit subsidies

Posted on May 5, 2014

ITHACA, N.Y. — Cornell University President David Skorton told The Cornell Daily Sun that he is deciding on the future of free bus passes for first-year students after the University Assembly (UA) called for the university to increase its subsidies to Tompkins Consolidated Area Transit (TCAT).

The UA recently voted in favor of increasing Cornell’s subsidies to TCAT, in light of a $700,000 annual budget deficit facing the university’s Transportation Services department. Approximately $500,000 of that deficit is caused by an increase in the transit system’s freshmen ridership.

The UA had previously considered passing a resolution to cut the free bus passes after determining that was the best solution to solve the deficit problem. However, after deliberating, the UA voted to ask the university to increase its subsidies. President Skorton has 30 days to respond to the request.

However, Skorton also told the newspaper that Cornell’s budget is barely balanced and that he is having difficulty finding half a million dollars that recurs each year in the budget. For the full story, click here.

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

More News

RedCoach announces on-demand entertainment, university partnership

In a partnership with Florida International University, the company will unveil a new multi-motor transportation hub, giving students, faculty and area residents' access to 10 cities throughout the state.

KCATA offers all-access transit pass to 3 colleges, universities

KCATA will hold on-campus How-To-Ride Clinics during the next two weeks at the University of Missouri-Kansas City, Kansas City Art Institute and Metropolitan Community College of Kansas City (MCCKC).

U. of Alabama Extends Partnership with First Transit

The service, known as Crimson Ride, provides transportation for the more than 37,000 students of the university and three million annual riders.

Rutgers makes $5M in parking tickets per year, report finds

On the New Brunswick campus, the school issues about 5.5 tickets per driver on average — a total of about 90,000, according to parking records from the last three years. From June 2014 to June 2015, the school brought in $4,907,220 from parking citations.

MIT, Ford partner for on-demand, electric shuttle project

The project will introduce a fleet of on-demand electric vehicle shuttles that use LiDAR sensors and cameras to measure pedestrian flow, which ultimately helps predict demand for the shuttles.

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