Gov. Shapiro announced cash infusion the on Friday. A 7.5% fare increase for all SEPTA riders will still go into effect on Dec. 1.
The cash amounts to a fiscal life preserver for the sixth-largest mass transit system in the U.S., after the Pennsylvania legislaturea recurring deficit of $240 million annually
Democratic Gov. Ed Rendell redirected $412 million in federal highway funds to keep buses and trains moving “The flex would be a stop gap if it happened,” said Erik Johanson, SEPTA’s senior director of budgets and innovation. “It’s not the dedicated funding we’re looking for. It buys you months, not years.”operations by allocating more sales tax revenue to the Public Transportation Trust Fund. SEPTA, as the largest system, would receive about $160 million annually under that plan.
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