Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »


RAIL EMPLOYMENT & NOTICES



Rail News Home Passenger Rail

6/11/2010



Rail News: Passenger Rail

BART approves budget, sets surplus spending plan


advertisement

Yesterday, Bay Area Rapid Transit’s (BART) board approved a $582.1 million fiscal-year 2011 budget that would use much of a projected $4.5 million surplus to clean up trains and temporarily reduce fares. In addition, the board set aside a portion of the surplus to increase BART’s “rainy day reserves.”

The board plans to use $2.3 million to temporarily reduce fares by 3 percent for four months, pending the outcome of public meetings. The board also opted to set aside $750,000 for deep cleaning of up to 50 rail cars, including new seats; $200,000 to defer an increase in East Bay paratransit fares for four months; and $75,000 for real-time monitors showing train schedules at venues surrounding BART stations. In addition, the board will allocate an extra $1 million for the reserve fund.

BART anticipates a surplus because courts ordered the state of California to return some of the voter-mandated transportation funding in March, which the governor and the legislature had previously diverted to the state’s general fund.