
Hours were cut during the recession a few years ago. The agency's board also approved the purchase of seven new buses at a total price of $4.5 million to meet its service goals.
Read More →During the recession, the transit system cut 37% of its bus service, partly by restructuring its route network. Beginning Sept. 30, Community Transit is adding back service hours primarily on commuter trips to the University of Washington and downtown Seattle.
Read More →The moderate annualized decrease in industry revenue of 1.7% masks the sharp demand declines experienced during the recession. However, locomotives and railcars are built when ordered, which causes order backlogs that can last an average of three years.
Read More →The agency began its budget process three months ahead of schedule to begin developing options to respond to a projected $12 million to $17 million shortfall. The agency's FY12 operating budget is $444 million.
Read More →After nine months of negotiations, the agency and unions representing more than 800 of its employees failed to reach agreements. Agency’s loss in revenue from local property taxes, farebox proceeds, and state and federal funding also prompted the cuts.
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The economic recession has only provided a temporary respite from the growing congestion problem, according to a new study. When the economic growth returns, the average commuter is estimated to see an additional three hours of delay by 2015 and 7 hours by 2020.
Read More →More than 250 people gathered today in Orange, Calif. for a first-of-its kind summit to discuss factors that create jobs and offer solutions to expediting transportation projects for America’s future.
Read More →When I think of the economic situation this country is in, I can't help but to feel like Michael Corleone in "Godfather III" when he says "Just when I thought I was out...they pull me back in!"
Read More →There has been significant media attention given in recent months to the salaries and benefits that government workers receive. Too often, the focus shifts to an unwarranted judgment on the worth of public employees. I am honored and privileged to serve the people of Orange County and I am surrounded on a daily basis by 1,600 other OCTA employees who feel very much the same way.
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On the verge of receiving ARRA funding, many agencies were either left scrambling to stretch funds using ‘creative financing’ or playing it more conservatively. A new report calls for increased fed funding to help circumvent money woes should the economy, financial downturns worsen or occur again.
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