
The board approved a $1.941 billion operating budget and a $1.228 billion capital program for the fiscal year that started July 1, 2013.
Read More →The proposed budget allocates $426.9 million for operations and $430.5 million for capital programs, including $141.1 million for debt service.
Read More →The spending plan keeps fares at current levels, however, Metro CEO Art Leahy has urged the board of directors to begin discussing fare restructuring for future years.
Read More →The $485 million operating budget, which will take effect July 1, 2013, includes accelerating new bus purchases; increasing bus service on 14 lines; increasing light rail vehicle and track maintenance; and improving lighting and station renewal.
Read More →Includes $50 billion for immediate investments to support critical infrastructure projects, such as improving America’s roads, bridges, transit systems, border crossings, railways and runways,
Read More →Because of the agency’s budgetary problems, an APTA review recommended it cut or raise rates on a program that provides free transportation for college students, whose colleges pay an annual fee to participate.
Read More →As a result, the Portland Bureau of Transportation faces a shortfall in funding the streetcar's $8.9 million annual operating budget.
Read More →In part due to a compromise to pay for part of the costs requested by University of Wisconsin Transportation Services and partly because of a projected increase in the cost of renting services from Madison Metro.
Read More →Part of planned move to an open fare payment system would eliminated extra-fare zone charges on dozens of transit routes and there would be some consolidation of zones on regional rail.
Read More →The foundation of the $485 million operating budget assumes that the arbitration award for the just-expired contract with the ATU is upheld and TriMet’s offer stands, providing some breathing room and ability to invest in critical infrastructure.
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