Progressive Railroading

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



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.


View Current Digital Issue »


RAIL EMPLOYMENT



Rail News Home Passenger Rail

4/11/2003



Rail News: Passenger Rail

BART presents preliminary FY2004 budget


advertisement

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