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For the second year in a row, the budget assumes no wage increase, however, Metro is negotiating new contracts this spring with its major labor unions representing operators, maintenance employees and clerks.
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 →The CTA recently laid off 1,057 workers and cut services because of budget issues.
Read More →Will implement service reductions next month as a result of lower than anticipated revenues due to the sluggish economy.
Read More →Cuts would be deeper than those approved last November.
Read More →The board also authorized the MTA to schedule public hearings regarding some of the service changes included in the budget. The budget does not include a fare increase in 2010, adhering to the schedule identified with the Legislature in the spring.
Read More →Proposal addresses a $383 million gap that had developed over the past two weeks due to several significant unfavorable developments, including a $143 million state budget cut.
Read More →Actions taken to reduce costs include reducing staff, freezing salaries and eliminating the community circulator service.
Read More →Agency's board will cut an additional 8 percent if a sizable amount of state funding doesn't "materialize."
Read More →Identified three areas that have contributed to the shortfall: declining public funding, union contracts and pension obligations.
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