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Rail News: Passenger Rail

Capital Metro proposes $170 million operating budget


Austin’s Capital Metro recently proposed a $170 million operating budget and $45 million capital improvement budget for fiscal-year 2011.

The capital work is part of the agency’s five-year capital improvement plan.

The proposed budget would add $1.3 million to the agency’s cash reserves, increase rail and bus service, and boost revenue, but the spending plan also calls for a fare hike.

Capital Metro’s board expects to vote on the proposed budget at its Sept. 24 meeting.

Contact Progressive Railroading editorial staff.

More News from 9/3/2010