State auditor validates BART’s projections and reinvestment needs
A rigorous state audit validated Bay Area Rapid Transit’s (BART) financial projection process and reaffirmed that BART is facing $9.6 billion in capital needs, potentially affecting the reliability of rail service if additional revenue isn’t secured. The audit reports BART has taken recent steps to improve its process for planning capital improvements and has already begun work to secure funding and identify potential future funds.