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Rail News: Passenger Rail
4/7/2010
Rail News: Passenger Rail
BART won't raise fares or cut service despite deficit
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Bay Area Rapid Transit (BART) has announced it won't raise fares or cut services despite a $10 million budget deficit in fiscal-year 2011.
Tomorrow, board members will review a $582.1 million preliminary operating budget, which would eliminate half of the projected deficit by cutting expenses. The budget also proposes to close the remainder of the deficit by using some of the $26 million BART is expected to receive from state legislation that would partially restore public transit funding.
During the past two budget cycles, the state has diverted all public transit funding into the general fund.
Tomorrow, board members will review a $582.1 million preliminary operating budget, which would eliminate half of the projected deficit by cutting expenses. The budget also proposes to close the remainder of the deficit by using some of the $26 million BART is expected to receive from state legislation that would partially restore public transit funding.
During the past two budget cycles, the state has diverted all public transit funding into the general fund.