
The agency board adopted the $3.16B operating and $1.7B capital budgets, supporting transit upgrades, workforce, and access for seniors and rural riders.
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The move follows an in-depth project review that identified significant cost-saving opportunities.
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The board unanimously approved a contract ratified by an overwhelming majority of employees represented by the Amalgamated Transit Union Local 265.
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Officials said the agency continues highlighting the importance of fiscal planning in an environment where operational costs are rising faster than revenues, impacting transit agencies across the region.
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The proposed plan will now be resubmitted to the MTA Capital Program Review Board in Albany, signaling a major step forward for what MTA officials are calling the agency's most rigorously developed capital program.
Read More →Why it's time for public transit agencies to shift focus from the size of their budgets to how effectively those funds drive service on the street.
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Facing a $213 million deficit, SEPTA is launching the next phase of its Efficiency & Accountability Program, building on employee-led innovations, fare enforcement, and real estate development.
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MTS has balanced its FY 2026 budget with projected revenues and expenses at $473.1 million.
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The approved budget continues to fund WMATA at levels where service is safe, frequent, and reliable.
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The release of the budget comes amid critical negotiations on a statewide transit funding plan introduced in February by Gov. Shapiro that would prevent these dire measures from taking effect.
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