Proposed Fiscal Year 2013 Budget Here’s the news release from Metro — the most newsworthy item, I think, is that the $4.5-billion budget does not propose raising fares for the 2013 fiscal year: Metro will conduct a budget workshop and public hearing on a proposed $4.5 billion budget for Fiscal [continue reading]
In the sixth hour of their monthly meeting on Thursday, the Metro Board just approved a $4.145 billion budget for the next fiscal year, which begins July 1. It’s the largest budget in the agency’s history, mostly due to money being spent on the construction and planning of Measure R [continue reading]
The special meeting today of the full Metro Board of Directors ended with a decision to delay a vote on the agency’s full budget until the next Board meeting on May 26. Several Board members wanted more time to review the lengthy budget document.
Here is a look at some of the transportation headlines gathered by us and the Metro Library. The full list of headlines is posted on the library’s blog. California Budget: On Balance, Not Bad for Transportation (Transportation Nation) Governor Jerry Brown’s budget plan proposes major cuts to services across the [continue reading]
Well, that didn’t take long. The Board of Directors had a budget workshop today and went ahead and approved the budget for the 2011-12 fiscal year that begins July 1. It should be noted that just a few months ago it appeared that Metro would be facing the agency’s largest-ever [continue reading]
Metro releases FY 2011 budget; agency schedules public meeting to discuss. Service cuts, layoffs are proposed.
The proposed agency budget for fiscal year 2011 has been released by Metro staff. Here is a link to the budget, which is posted on the Metro website (pdf). It will be discussed at a special meeting of the agency’s Board of Directors on Wednesday, May 19, at Metro headquarters. [continue reading]
I spent the past week in Northern California, where I got a steady diet of local news up there. And lo and behold, the news wasn’t good on the transit front after the Sacramento Regional Transit District’s board voted to eliminate 28 weekday bus routes and bus service after 9 [continue reading]
This year’s California state budget saga took another turn on Tuesday, when Gov. Arnold Schwarzenegger said he would veto the latest Democratic proposal. Part of that proposal was to preserve some state funding for mass transit. If that funding does not ultimately survive the budget process, it could cost Metro [continue reading]