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Twelve staffers were let go. The agency is $30 million over its current budget and facing projected deficits of $53.2 million over the next two years.
Read More →Advocates for the $98.5 billion project are preparing several last-minute changes, including speeding up construction to reduce inflationary costs and funding rail improvements in and around Los Angeles and the San Francisco Bay Area, to improve its chance of getting approval.
Read More →Targeted $12 million in cuts and changes, which will take effect in September 2012. Changes include enacting internal efficiencies, providing $1.2 million in savings. The original proposal from February called for $500,000 in savings.
Read More →Trying to eliminate or reduce service on the 305 and other bus lines for more than a year, due to the upcoming opening of the Expo light rail line, low ridership, budget concerns and to eliminate route duplication. Cuts will fall hardest on minorities and low-income riders, critics say.
Read More →While the move could eliminate many redundancies between the two police forces, yearly savings estimates were said to be between $1 million and $1.9 million in a $10 million budget.
Read More →Out of 23 current railway projects, some 70% have been suspended, partly suspended or delayed. Having run up enormous debts, the Chinese Railways ministry is struggling to persuade banks to continue to finance its ambitions.
Read More →Part of a plan to eliminate approximately $11 million in costs. The city reports that .5% of DDOT’s daily riders use bus service between 1 a.m. and 4 a.m. and make up 6% of its daily costs.
Read More →The projects, included in President Obama's proposed Fiscal Year 2013 budget, will put thousands of Americans to work building the vital infrastructure the nation needs to improve access to jobs while reducing U.S. dependence on oil and spurring new economic development.
Read More →The centerpiece of the President's FY 2013 budget for the department is a six-year $476 billion surface transportation reauthorization proposal that will improve America's highways and transit networks, continue to ensure that these systems are safe, and give travelers new options by enhancing and expanding passenger rail service.
Read More →The agency is working to bring the union contract in line with revenue growth and make it financially sustainable. It is also proposing to increase fares and change the overall fare structure, eliminating the Free Rail Zone, and cut service. Any changes to fares and service would take effect in September 2012.
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