Progressive Railroading



RAIL EMPLOYMENT

Newsletter Sign Up
Stay updated on news, articles and information for the rail industry


All fields are required.





Rail News Home Passenger Rail

4/11/2003



Rail News: Passenger Rail

BART presents preliminary FY2004 budget


Bay Area Rapid Transit (BART) recently unveiled a preliminary $460.7 million fiscal-year 2004 operating budget, which includes proposed cuts and a fare increase.



The budget would provide $396.5 million for basic service and funds to operate the new BART/SFO line. The agency needs to make up a $38.8 million shortfall from a revenue decline in FY2003 ridership projections and increased expenses.



The budget proposes eliminating 126 positions, although BART expects to transfer many of those positions to the BART/SFO line, and lose others through current vacancies and attrition, according to a prepared statement.


Contact Progressive Railroading editorial staff.

More News from 4/11/2003