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The Port Authority of Allegheny County has postponed plans to increase base fares to $2 and cut service on most routes. Late last month, Pennsylvania Gov. Ed Rendell announced a plan to provide additional interim funding for public transit agencies.
The funding plan will provide $68 million in new federal highway funds for the port authority and Southeastern Pennsylvania Transportation Authority, which would receive $25.3 million and $42.7 million, respectively.
In fiscal-year 2005, the port authority was facing a $30 million budget shortfall. In December, the state provided the agency $4.7 million in interim funding.
3/9/2005
Rail News: Rail Industry Trends
Allegheny County port authority obtains state funds, resolves budget shortfall
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The Port Authority of Allegheny County has postponed plans to increase base fares to $2 and cut service on most routes. Late last month, Pennsylvania Gov. Ed Rendell announced a plan to provide additional interim funding for public transit agencies.
The funding plan will provide $68 million in new federal highway funds for the port authority and Southeastern Pennsylvania Transportation Authority, which would receive $25.3 million and $42.7 million, respectively.
In fiscal-year 2005, the port authority was facing a $30 million budget shortfall. In December, the state provided the agency $4.7 million in interim funding.
