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The estimate that Amtrak provided in May to keep the Hoosier State passenger rail service in operation is $2.963 million annually. Divided among each one-way passenger, this is approximately $80 in government support for each $24 ticket.
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The original estimate $125M estimate to build the four-mile line did not include the cost of utility work, as well as other costs, which could create a funding gap of almost $200M.
Read More →Billions of dollars tabbed for transit projects were being withheld amid a dispute over cuts to public employee pension benefits.
Read More →The money also helps fund BART’s patrol teams made up of eight highly trained personnel who specialize in anti-terrorism prevention and detection.
Read More →This resource is projected to generate anywhere from $36.7 million to $84.5 million in revenue, which the transit agency proposes $16 million of those funds be earmarked for the streetcar project.
Read More →Officials say law appears to violate federal mass transit grant regulation, which requires agencies to protect employees' collective bargaining rights.
Read More →The transit system will spend the money completing the 5.3 mile North/Red Line extension and the 6.6 mile-Southeast/Purple Line.
Read More →Omnitrans and Riverside Transit Agency may lose approximately $30 million each in funds from the Federal Transit Administration because of union concerns over a new state pension reform law. As a result, the Department of Labor put a hold on the grant funding.
Read More →Diverting from the current 7.1-mile route would reduce efficiency and increase travel times, according to the agency's CEO Paul Ballard.
Read More →Sen. Jeff Sessions (R-Ala) and Rep. Paul Ryan (R-Wis) have both raised concerns about the project. Their staffs were told that there are still “serious issues” with the application and “significant uncertainties” about the project.
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