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Embattled CEO Charles Odimgbe, who was placed on administrative leave last month while the agency's finances are being investigated, ordered the new color scheme, but did not seek the approval of the agency’s board of directors, a RIPTA spokesperson said.
Read More →Even with severe budget issues, the university continues to hold aside $1.6 million from its 2012-2013 budget for construction of the next building in the troubled complex.
Read More →Five mechanisms are evaluated in depth, including tax increment financing, special assessment districts, transit impact fees, joint developments and air rights. The report includes policy recommendations.
Read More →A boutique-style lender, the company specializes in commercial vehicle financing and leasing of new/used titled equipment. Resources offers tailor-created funding options for all types of transportation equipment, ranging from buses, tractor-trailers, taxis, limousines and corporate fleets.
Read More →Due to a clerical error, the Phoenix Public Transit Department miscategorized some costs and misreported to the federal government the administrative costs of managing transit service.
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Although business is still in the process of stabilizing and funds might still be tight, low interest rates and bonus depreciation make it a good time to purchase a new vehicle. According to lending experts, the single most important step to take is selling yourself on the idea first.
Read More →Agency successfully extricated itself from two-thirds of these lease arrangements and is working diligently to resolve those few which still remain in effect. Even in the worst-case scenario, MARTA will wind up with a net profit.
Read More →Aimed as strategy to meet current and future needs related to infrastructure expansion and renewal, as well as the creation of new transit systems.
Read More →Includes no service cuts or fare increases in the 2010 budget; projected cash balances of $29 million in 2009, $39 million in 2010, $1 million in 2011, and manageable projected deficits for 2012 and 2013.
Read More →The site is designed to identify a comprehensive set of funding and financing mechanisms that can be used to generate investment for critical transportation projects.
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