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Newsby StaffFebruary 28, 2013

N.Y. MTA Fare Hikes Take Place this Weekend

The need for additional revenue, which had been assumed in MTA budget forecasts beginning in 2009, was confirmed in July 2012. The MTA announced specific fare and toll increase proposals last October.

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Newsby StaffFebruary 26, 2013

Pa. moves toward consolidating transit

Gov. Tom Corbett’s 2013 budget proposal would provide an extra $1.8 billion a year for transportation statewide, but requires transit agencies to complete consolidation studies with neighboring agencies to gain a share of the funds.

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Newsby StaffFebruary 14, 2013

TriMet unveils FY14 budget outlook

No planned service restoration or cuts. The agency continues to face financial hurdles and uncertainty, but expects some breathing room due to an arbitrator’s selection of management’s labor contract proposal. Additionally, the agency continues to invest in new buses as they are cheaper to maintain and provide a better ride for customers.

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Newsby StaffFebruary 12, 2013

Pa. Gov.’s budget plan may find more transit funds

SEPTA and other systems may get more funding than Gov. Tom Corbett called for in his budget plan. The plan would raise transit funding by $40 million in the first year.

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Newsby StaffJanuary 28, 2013

Iowa paratransit future hangs in balance

The SEATS paratransit program has become too expensive for Johnson County to continue to support on its own, officials say. The program will need at least $2.4 million in fiscal year 2014 to maintain service.

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Newsby StaffJanuary 16, 2013

N.H. committee votes in favor of rail study

The study, which is estimated to cost $1.9 million, must be voted on by the Executive Council next month. The New Hampshire Rail Transit Authority asked to be included in the study process.

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Newsby StaffDecember 20, 2012

Chicago Transit approves $1.39B budget for 2013

The plan maintains current service levels, freezes base fares, and continues investment to modernize and repair infrastructure to best serve customers.

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Newsby StaffNovember 26, 2012

Chicago Transit president proposes $1.39B budget

The budget reflects a new, tentative labor agreement with the Amalgamated Transit Union Locals #241 and #308, which represent CTA bus and rail operators. The four-year tentative agreement slows the rate of growth in health care spending and emphasizes preventative care, among changes shaving approximately $50 million off the 2013 budget deficit.

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Newsby StaffNovember 15, 2012

Chicago’s Pace Bus finalizes 2013 budget

Balanced without fare increases or service reductions.

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Newsby StaffOctober 24, 2012

SEPTA lacks funds to replace aging rail fleet

Although ridership is at a 23-year high, SEPTA's budget is at a 15-year low, so it cannot replace the 231 Silverliner IVs which are 36 to 38 years old.

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