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Regional Transportation Funding Problems Keep Getting Bigger
In a sobering revision of the 25-year Regional Transportation Plan (RTP) at yesterday's Metropolitan Transportation Commission (MTC) meeting, MTC staff explained that the elimination of the State Transit Assistance (STA) fund and much lower than expected sales-tax revenues forced the planning body to significantly revise down its projections for operational spending and expansion projects (PDF). The MTC revised down expected revenues by $8 billion (even despite over $3 billion in expected stimulus funds) and announced that BART's
extension to San Jose is running a cool $1.5 billion over budget.
March 26, 2009
AC Transit Board Votes to Raise Fares
For the first time in four years, the AC Transit Board of Directors has voted to raise cash fares, beginning July 1st, to help offset a staggering $57 million deficit. It means the cost of adult bus fares will go up from $1.75 to $2.00. From the press release:
March 12, 2009
Despite Outcry, MTC Board Approves OAK Connector Funds
Transportation and social justice advocates packed the Metropolitan Transportation Commission (MTC) board meeting today to demand that the agency not spend a proposed $70 million of federal stimulus money on the Oakland Airport Connector (OAC) project. MTC commissioners heard testimony for over two hours from some of the more than one hundred members of the public who were mostly opposed to the OAC, claiming it would take money from the operations of AC Transit and other transit operators.
February 25, 2009
Advocates Upset Stim Money Could Still Fund Oakland Airport Connector
The debate over how to spend the federal transportation stimulus money at the regional level is heating up and may boil over tomorrow morning at the next Metropolitan Transportation Commission (MTC) meeting.
February 24, 2009