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Transit Funding

All articles tagged with #transit funding

local-politics16 days ago

Bay Area transit funding at stake as voters weigh tax measure

Bay Area transit agencies warn they could face drastic service cuts without a November sales-tax measure (up to 1%) to fund BART, Muni, Caltrain, AC Transit and the Bay Ferry. Supporters say the measure is needed for stable funding and to accommodate large events, while the campaign highlights transit’s role in the region’s economy and daily mobility. The piece appears in a live‑updates format and sits alongside other World Cup–related political and local-interest items.

via Politico|
#ballot-measure#bart#bay-area-transit
Gas Prices Push Americans Toward Public Transit, But Funding Trails Behind
business1 month ago

Gas Prices Push Americans Toward Public Transit, But Funding Trails Behind

Rising gas costs have pushed more Americans to use public transit, with notable ridership gains in Los Angeles, San Diego, San Francisco, Washington, D.C., and Amtrak; yet transit agencies are financially strained and depend on public funding, prompting emergency loans and policy bills to prevent service cuts while continuing capital projects like the L.A. Metro D Line extension.

via Jalopnik|
#business#gas-prices#infrastructure
Illinois approves $1.5B plan to overhaul Chicago-area public transit
local-government8 months ago

Illinois approves $1.5B plan to overhaul Chicago-area public transit

Illinois lawmakers approved a $1.5 billion transit funding package to prevent major service cuts in Chicago, including new revenue sources like sales tax redirects, toll increases, and no fare hikes for a year, while removing proposed taxes on streaming and luxury goods. The bill aims to address the transit agencies' financial struggles caused by pandemic-related ridership drops and federal grant reductions.

via Chicago Sun-Times|
#chicago-transit#illinois#local-government
Illinois Democrats propose new taxes to fund transit, but Pritzker opposes
local-government8 months ago

Illinois Democrats propose new taxes to fund transit, but Pritzker opposes

Illinois House Democrats proposed a plan to raise over $1 billion for Chicago area transit through new taxes, but Gov. JB Pritzker rejected the plan, citing the need for further negotiations. Without a funding agreement, transit agencies warn of significant service cuts and fare hikes, risking job losses and reduced mobility for residents.

via CBS News|
#chicago-transit#gov-jb-pritzker#illinois