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The $153 million being flexed to SEPTA at the direction of Gov. Shapiro covers SEPTA’s projected operating budget gap through the current fiscal year, which ends on June 30.
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Through contractual agreements and local sales tax revenues, St. Louis County, the City of St. Louis, and St. Clair County Transit District will provide approximately $312 million of support for the $328,980,534 operating budget and the three-year capital budget of $1,037,311,983.
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Amtrak is investing $260 million for track infrastructure improvements during the summer months, along with other ongoing work.
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The planning grants will help SacRT improve safety, help residents make better transit connections, and meet the mobility needs of the growing region.
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The agency is also releasing results of an independent Efficiency Review conducted by Ernst & Young, which found limited opportunities to cut costs without reducing transit service.
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The $1.6 billion budget includes $654.5 million in net operating funds and $909.2 million for capital programming.
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The vehicle represents a milestone for Pace’s Project Zero plan for the transition to a zero-emissions fleet by 2040.
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The projects will be funded as part of NVTC's I-66 Commuter Choice program, which reinvests toll revenues into projects that demonstrate the ability to move more people through two of Northern Virginia's most traffic-congested corridors.
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The Federal Transit Administration has about $4.5 billion available in 2024 for transit projects of all types. This includes bus rapid transit projects, light rail, and commuter rail initiatives.
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Federal funding has been important in enabling the MTA to advance ADA upgrade projects.
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