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4/26/2018
The Southeastern Pennsylvania Transportation Authority (SEPTA) has proposed a $749.62 million capital budget for fiscal-year 2019.The agency has proposed $42 million for improvements to its communications and signal systems, and another $30.6 million to modernize substations, which were originally built in the 1920s and 1930s. The tentative spending plan also includes funds for catenary replacement, according to the budget document. In addition, SEPTA has proposed $19.6 million for various safety and security upgrades.Furthermore, $68 million would go toward acquiring new electric locomotives for the agency’s commuter-rail system.SEPTA’s board is slated to vote on the budget proposal on May 24.