Media Kit » Try RailPrime™ Today! »
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 News Home Rail Industry Trends


Rail News: Rail Industry Trends

LA MTA proposes $2.9 billion FY2005 budget


On May 20, Los Angeles County Metropolitan Transportation Authority (LAMTA) will hold a public hearing on its proposed $2.9 billion fiscal-year 2005 budget, which includes $525 million to fund Metro Rail operating, construction and capital costs. The FY2005 budget would increase $89 million compared with the FY2004 budget.

Authority officials plan to cut at least 233 jobs to help make up for a state funding shortfall. LA MTA also proposes to reduce administrative costs 11 percent by lowering travel, training, material and supply expenses. Fares will remain the same.

"This is not a happy budget," said Chief Executive Officer Roger Snoble in a prepared statement. "Our efforts to improve mobility in Los Angeles County have been slowed, largely because we expect the county to lose $2.3 billion in state transportation funding between FY03 and FY09."

However, officials still expect to move forward with some key projects. The authority will begin building a six-mile Metro Gold Line Eastside light-rail extension to Little Tokyo and East Los Angeles this summer. LA MTA also will begin constructing a 14-mile Metro Orange Line transitway traveling between Warner Center and the North Hollywood Metro Rail station.

Employees — who did not receive a wage increase in FY2004 — will receive a 2.5 percent pay increase in FY2005.

The board is expected to adopt a budget at its June 7 meeting.

Contact Progressive Railroading editorial staff.

More News from 5/10/2004