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6/29/2007



Rail News: Rail Industry Trends

TriMet signs off on $741 million FY08 spending plan



The Tri-County Metropolitan Transportation District of Oregon (TriMet) board recently adopted a $741 million capital and operating budget for fiscal-year 2008, which begins July 1.

The budget includes funds to continue building the 8.3-mile I-205/Portland Mall MAX light-rail extension and 14.7-mile Washington County Commuter Rail line, as well as money to begin replacing ticket vending machines along the Eastside MAX light-rail line.

In addition, TriMet approved implementing a five-cent fare increase Sept. 1 to help keep pace with inflation.



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