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Rail News: Financials

Metrolink to solicit input on proposed 2018 budgets

Metrolink will hold a public hearing on Friday to gather feedback on its proposed operating and capital budgets for fiscal-year 2018, which begins July 1.

The Southern California commuter railroad has proposed a $243 million operating budget, which marks a 0.3 percent decrease from the FY2017 budget. Metrolink  proposes a $94.8 million budget for capital and rehabilitation projects.

The budget proposals include investments in positive train control and a comprehensive state-of-good-repair maintenance program, Metrolink officials said in a press release.

The proposed budgets include no increases in fares.

Contact Progressive Railroading editorial staff.

More News from 6/21/2017