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TriMet tells Senate committee it faces a $300 million gap, says at least 10% of service will be cut by 2027
Summary
TriMet officials told the Senate transportation committee the agency faces an annual budget gap roughly $300 million and must reduce service at least 10% by 2027 without a stable new revenue source; TriMet cited ridership recovery, rising operating costs and a $700 million capital maintenance backlog.
TriMet’s chief public affairs officer, JC Vineta, told the Oregon Senate Committee on Transportation that the agency is confronting a large and growing fiscal shortfall that will force service reductions without new, sustainable revenue.
"Our budget deficit is forcing us to cut at least 10% of service by the 2027," Vineta told the committee during an informational hearing, adding that TriMet announced plans earlier in the year to close a roughly $300,000,000 annual budget gap. He said the agency plans a fare increase in 2028 and…
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