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APTA, TriMet and rural providers warn of a transit funding ‘fiscal cliff’ and service cuts
Summary
National and local transit officials told the committee that waning federal pandemic relief, inflation and changing ridership patterns have left Oregon transit providers facing large budget gaps; TriMet forecast at least 10% service cuts by 2027 without new sustainable revenue and rural providers said STIF increases are critical to avoid steep local reductions.
Arthur Gazzetti, vice president for policy and mobility at the American Public Transportation Association, told the committee that three factors—(1) the waning of federal emergency relief, (2) inflation and increased operating costs, and (3) changed ridership patterns—are producing a national transit fiscal challenge. He said regions that avoided cuts typically secured dedicated local revenue sources such as sales taxes or delivery fees.
JC Veneta, TriMet’s chief public…
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