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Shapiro administration approves SEPTA's use of $394 million for transit operations
Governor Shapiro approved $394 million in capital funds to restore SEPTA services cut due to a $213 million deficit; service restoration avoids 20% reductions and supports 800,000 daily riders.
- Gov. Josh Shapiro's administration approved the use of $394 million for SEPTA to restore transit services it had cut to address a deficit.
- SEPTA will still impose fare increases of 21.5% to raise an estimated $31 million annually.
- Transportation Secretary Mike Carroll cited the need for the funding amid major upcoming events in Pennsylvania, including America's 250th anniversary celebrations.
42 Articles
42 Articles
2 N.J. rail lines spared from cuts under SEPTA plan that borrows an NJ Transit idea
Pennsylvania Gov. Josh Shaprio approved a plan that will restore all Southeastern Pennsylvania Transportation Authority cuts by Sept. 14 by allowing the agency to use $394 million for major capital projects to cover operating costs.
Shapiro administration approval of SEPTA funding transfer gives agency two years of wiggle room
People ride SEPTA articulated bus in Philadelphia. (Courtesy of Getty Images)As Pennsylvania’s budget stalemate entered another week, Gov. Josh Shapiro announced a measure that will provide a two-year funding solution for the largest mass-transit agency in the state. On Monday, Shapiro directed state Department of Transportation (PennDOT) Secretary Mike Carroll to approve the Southeast Transportation Authority’s (SEPTA) request to use $394 milli…
SEPTA gets OK from Shapiro to spend project money to avoid bus, trolley and rail cuts
HARRISBURG — Gov. Josh Shapiro’s administration on Monday approved the use of hundreds of millions of dollars in capital project funding for Philadelphia’s public transit agency to help it restore bus, trolley and rail services that it had eliminated to shore up its deficit-riddled finances. The Southeastern Pennsylvania Transportation Authority had made the request to comply with a judge’s order to undo the two-week-old cuts. In his letter to S…
Shapiro approves SEPTA cash crunch fix: $394M diverted to stop transit cuts
The Southeastern Pennsylvania Transportation Authority (SEPTA) will have up to $394 million for daily operations after the transportation secretary on Monday approved diverting capital assistance funds to the agency.
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