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SEARCHBART, AC Transit make deal with Gov. Scharzenegger to reduce property tax burden on transit agencies.
A deal struck between California mass transit agencies and Gov. Arnold Schwarzenegger saves millions of dollars for public transit but signals potentially higher water and sewer fees for state residents.
Northern California agencies Bay Area Rapid Transit and AC Transit saved approximately $30 million in a last minute deal that will likely shift a financial burden to another part of the state budget.
In an effort to balance the budget, Schwarzenegger had proposed a 40% shift in property taxes paid by transit agencies. However, 11th hour negotiations on Tuesday spread the money to other government districts, most likely water agencies.
The sale has a purchase price of $164 million. The companies expect the transaction to close before the end of 2026, subject to customary conditions and regulatory approvals.
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The competitive RFP includes an option to purchase an additional 377 cars, reserved for future expansions of the Metro-North service area.
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The approved FY2027 budget totals approximately $101 million.
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Beginning May 26, riders will be able to download the RideKCGO mobile app, set up their account, and add funds to pay for rides with a tap.
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The team of Halmar and Skanska will build a brand-new station that will provide daily commuters and tourists with a more seamless travel experience through a vibrant gateway into America’s largest city, said Amtrak.
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In this edition, we cover recent appointments and announcements at Trinity Metro, SilverRide, and more, showcasing the individuals helping to shape the future of transportation.
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A bipartisan transportation package moving through Congress could redefine how the U.S. funds highways, transit, and motorcoach travel, while igniting new fights over electrification, regulation, and federal priorities.
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The proposed budget, totaling approximately $2 billion, advances key transportation initiatives while ensuring all services, programs, and projects can be delivered to residents not only next year but well into the future.
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Conducted annually by Tourism Economics, the study found that 1,769 companies operating 49,543 motorcoaches are based in the US, while 122 companies operating 1,425 motorcoaches are located in Canada.
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From breaking down data silos to preparing for AI-driven operations, strada360's CEO shares insights on how transit agencies can deliver more efficient, connected, and resilient systems in a rapidly evolving landscape.
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