Topic : shortfall

1 - 9 of 9

As part of cost-cutting moves, WMATA closing most sales offices this month

Management & Operations| November 8, 2016

The agency estimates that only 0.03% of riders will be impacted by the closures, because the overwhelming majority of sales transactions can be performed at station fare vending machines, online, regional commuter stores, or at retail outlets.

NJ TRANSIT juggles next year's budget to fill $46M budget gap

Management & Operations| June 16, 2016

The agency will keep its operating budget essentially flat and reduce spending on construction projects by $416 million. The agency plans to spend $2.111 billion on operations in fiscal year 2017, which is $4.5 million less than this year.

Rail| May 23, 2016

Sacramento RT considering closing light rail line indefinitely

The agency opened its $44 million Green Line only four years ago; however, the line currently averages only 440 boardings a day with limited service, and costs RT $330,000 annually to operate.

Rail| September 17, 2015

Honolulu's rail project's shortfall could hit $1B

The updated figure assumes that it could be more costly to build rail than officials have already estimated, even factoring in the most recent price hikes, as the project enters “a more challenging, costly environment including the restricted Honolulu International Airport location and the urban City Center,” according to HART and city officials.

Bus| April 3, 2012

Poll: 40% support state bailout for MBTA

The statewide results, which showed 34% of respondents opposed using state dollars to plug the transit system’s budget gap and 26% were undecided or did not know, came as a surprise to analysts, who expected wider opposition to state intervention.
Bus| October 27, 2011

TriMet faces FY2013 budget shortfall

The agency began its budget process three months ahead of schedule to begin developing options to respond to a projected $12 million to $17 million shortfall. The agency's FY12 operating budget is $444 million.
Rail| December 17, 2010

Sound Transit budget to continue project delivery momentum

Revenues expected through 2023 are $3.9 billion, or 25 percent, lower than forecasted in 2008 when voters approved the ST2 expansion plan. The ST2 plan included flexible provisions for delivering the projects during economic downturns including reducing the scope or delaying projects.
Accessibility| December 17, 2009

N.Y. MTA unanimously approves 2010 budget

The board also authorized the MTA to schedule public hearings regarding some of the service changes included in the budget. The budget does not include a fare increase in 2010, adhering to the schedule identified with the Legislature in the spring.
Bus| November 11, 2009

Chicago Transit Authority vendors agree to reductions

Commitments to reduce costs up to a total of $1 million on current contracts.

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