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Newsby StaffFebruary 9, 2011

Chicago Transit amends capital improvement program

The ordinance increases the capital budget from $599.5 million to $649.7 million.

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Newsby StaffJanuary 20, 2011

California Gov. may not cut transit funds

While Gov. Jerry Brown’s proposed budget, released last week, does not include cuts to transit, a spokesman for a San Francisco transportation and planning agency cautioned that a fuel tax swap approved last year may take $2.5 billion from transit.

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Newsby StaffJanuary 20, 2011

Caltrain faces $30M budget shortfall, drastic service cuts

Cuts could be as severe as a reduction in service to 48 trains that would operate only during the weekday commute. All other service would be eliminated including: weekday service outside the commute peak, weekend service and service south of the San Jose Diridon station. The schedule also would require the suspension of service at up to seven stations.

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Newsby StaffJanuary 13, 2011

D.C. Metro to preserve service without fare hikes

The $1.4 billion operating budget for Fiscal Year 2012 maintains the current level of rail, bus and paratransit services. The agency is doing more, while becoming more resource efficient. More than 91 cents of every Metro operating dollar directly funds core services, with only 9 cents funding support functions.

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Newsby StaffJanuary 12, 2011

Officials: PATCO rail line sale unlikely

After an attempt by the Delaware River Port Authority to sell its commuter train line failed last month, the agency considered selling the line to a private buyer. Officials say that with $45.3 million in operating costs and only $24.8 million in revenue projected for 2011, the outlook is not promising.

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Newsby StaffJanuary 7, 2011

SORTA opposes city's use of dedicated transit funding

The city's action violates the 38-year funding contract with SORTA. Multiple legal opinions from the city's attorneys since 1973 have protected the transit fund from the city's attempts to use the tax revenue for non-transit purposes.

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Articlesby Nicole SchlosserDecember 22, 2010

Dallas light rail opens on time, under budget

The first section of the Green Line opened in September 2009 and connects Pearl Station on the east side of Downtown Dallas to MLK, Jr. Station on the west side of Fair Park.

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Newsby StaffDecember 17, 2010

Sound Transit budget to continue project delivery momentum

Revenues expected through 2023 are $3.9 billion, or 25 percent, lower than forecasted in 2008 when voters approved the ST2 expansion plan. The ST2 plan included flexible provisions for delivering the projects during economic downturns including reducing the scope or delaying projects.

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Newsby StaffDecember 15, 2010

Report: Hampton Roads hid light rail costs from feds

Transit officials knew that The Tide project would cost more than the $232 million figure they gave to the government back in 2007.

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Newsby StaffDecember 6, 2010

N.C.’s LYNX may cut $200M from Blue Line

The Charlotte Area Transit System’s planned light rail extension could cost as much as $1.1 billion. Officials are looking at cutting stations, amenities and three-car platforms.

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