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Rail News Home Rail Industry Trends

12/19/2007



Rail News: Rail Industry Trends

Greater Cleveland RTA signs off on FY08 budget


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Yesterday, the Greater Cleveland Regional Transit Authority adopted its fiscal-year 2008 budget.

The $276.2 million operating budget is slightly higher than FY2007’s $268.3 million and includes “modest” service increases, the agency said. The $64.5 million capital budget represents a 12 percent reduction compared with last year’s level.