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MTA reports FY18 shortfall, floats revenue options and defers marginal service expansion
Summary
The Municipal Transportation Agency told the committee it faces an FY18 operating shortfall of about $13.5 million and a five-year CIP near $3.3 billion; staff proposed fare and vendor changes and recommended deferring an incremental 2% service increase to prioritize safety, maintenance and training investments.
Muni officials presented an FY17–18 budget update showing an estimated FY18 operating shortfall of $13.5 million and a five‑year capital improvement program of approximately $3.3 billion. Proposed revenue options discussed by staff include standardizing youth fare definitions, increasing discount fares to 50% for certain riders, a 25¢ clipper discount to encourage electronic payment, higher vendor…
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