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BART director warns of $350–$400 million annual shortfall; service cuts and layoffs possible
Summary
Mark Foley told the Oakley City Council BART will exhaust COVID-era emergency funds and face a $350–$400 million operating deficit beginning in July unless new revenue is secured; the agency may need major service reductions, fare hikes and layoffs if a regional ballot measure fails.
Mark Foley, the BART board member representing District 2, told the Oakley City Council the transit agency faces a severe operating deficit that could force substantial service reductions and layoffs if additional revenue does not materialize.
"Starting in July, we will begin running a deficit of somewhere between 350 to $400,000,000 per year for operating expenses," Foley said, describing how fare revenue has dropped from about 71% of operating revenue pre-pandemic to roughly 30% now. He said BART has exhausted most emergency…
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