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Last week, members of the Amalgamated Transit Union, Local 268, rejected the terms of a recommended agreement by a fact-finder, appointed by the State Employee Relations Board, to settle a contract dispute with RTA.
Read More →Updated 20-year sales tax projections show Dallas agency receiving approximately $3 billion less in sales tax income than the amount projected as recently as May 2009.
Read More →Agency is currently restructuring available finances to limit any potential negative impacts of the shortfall on riders and taxpayers.
Read More →The plan calls for most of the changes to take effect May 1, 2010, and NJ Transit expects to generate more than $140 million in revenue.
Read More →Plan includes cutting more than 600 represented and non-represented administrative positions. The agency also will begin the process of laying off up to 500 NYC Transit station agents.
Read More →Current and future budget shortfalls have arisen due to the severe national recession and the state’s $2.2 billion current-year budget gap, and $11 billion FY11 budget gap.
Read More →With the economy still in deep recession, TriMet expects payroll tax receipts to be down $15 million and passenger revenue down $8 million, with other assorted expenses adding up to a $27 million shortfall.
Read More →The spending plan included in President Obama's Budget submitted to Congress announces recommendations to invest $834.6 million in 19 new transit construction projects— 10 of which are new funding recommendations in FY 2011, and 9 of which have been recommended for funding in previous years, but still await construction grant agreements.
Read More →The budget includes an additional $1 billion for high-speed rail, coming on the heels of President Obama and Vice President Biden's January 28 announcement of $8 billion in Recovery Act funds for states across the country to develop America's first nationwide program of high-speed intercity passenger rail service.
Read More →Will implement service reductions next month as a result of lower than anticipated revenues due to the sluggish economy.
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