Thursday, May 23, 2013

TriMet Board adopts FY14 budget, includes safety and maintenance improvements

The TriMet Board of Directors in Portland, Ore., unanimously adopted the Fiscal Year 2014 budget. The $485 million operating budget, which will take effect July 1, 2013, includes budget priorities aimed at providing better service for riders and safety and maintenance improvements.

Budget priorities includes $9.5 million to increase light-rail vehicle and track maintenance, plus improve lighting and station renewal along the MAX system.

The budget does not include service cuts or a fare increase (a loss of $2 million.

"We are committed to reinvesting in our transit system; updating our aging fleet and make targeted improvements for both our riders and employees, to ensure long-term reliability, safety and comfort," said TriMet General Manager Neil McFarlane.

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