Friday, March 30, 2012

SFMTA recommends two-year budget proposal with maintenance focus

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The Transportation for the San Francisco Municipal Transportation Agency, which oversees all transportation in the city, including the Municipal Railway (Muni), released proposals to balance the agency's upcoming two-year budget. The proposals make a significant investment in maintenance that will increase Muni's reliability, reduce overtime through adequate staffing and focus on key initiatives such as the Transit Effectiveness Project.

Staff will present these proposals to the SFMTA Board of Directors on Tuesday, April 3.

This budget would support an increase in maintenance and direct funds to key service initiatives by amounts of $17.5 million in Fiscal Year 2013 and $29.1 million in FY 2014.

The Capital Budget consists of $429.2 million in FY 12-13 and $403 million in FY 13-14, funding various projects within 16 capital programs. Funding commitments include:

• Targeted $38 million investment in Muni Metro System track and signal infrastructure to improve service reliability
• More than $447 million to continue development of the Muni Metro T Third Central Subway project to decrease travel time and improve mobility

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