SEPTA Board Approves Fiscal Year 2024 Operating & Capital Budgets
Fiscal Cliff Rapidly Approaching as Federal COVID Funds Run Out; State Assistance Needed to Avoid Significant Service Cuts & Large Fare Increases
SEPTA’s Board today approved Operating and Capital Budget proposals for Fiscal Year 2024, advancing plans to fund everyday operations and major improvement projects. This will be the last budget year… Continue reading SEPTA Board Approves Fiscal Year 2024 Operating & Capital Budgets
SEPTA Releases Proposed Fiscal Year 2024 Capital Budget & 12-Year Program
12-Year Program Represents SEPTA’s Largest-Ever Investment in the System at $12.6 Billion
SEPTA released its proposed Fiscal Year 2024 Capital Budget and 12-Year Program. The proposed Capital Budget is $976 million – just shy of last year’s record-breaking billion-dollar plus plan, while… Continue reading SEPTA Releases Proposed Fiscal Year 2024 Capital Budget & 12-Year Program
SEPTA Proposed Fiscal Year 2024 Operating Budget: Final Year of Federal COVID Relief
No Service Cuts or Fare Increases for One More Year; Fiscal Cliff Looms
SEPTA today released a proposed $1.69 billion Operating Budget for Fiscal Year 2024. The proposal uses SEPTA’s final installment of federal COVID relief funding that has helped to avoid service… Continue reading SEPTA Proposed Fiscal Year 2024 Operating Budget: Final Year of Federal COVID Relief
SEPTA Receives Award for Distinguished Budget Presentation
SEPTA has received a top transit industry award for the presentation of its Fiscal Year 2023 Operating Budget, which has been recognized for its detail, clarity, and transparency. For the… Continue reading SEPTA Receives Award for Distinguished Budget Presentation
SEPTA Board Approves Fiscal Year 2023 Operating & Capital Budgets
SEPTA’s Board today approved Operating and Capital Budget proposals for Fiscal Year 2023, advancing plans to fund everyday operations and major improvement projects. SEPTA’s fiscal year covers the 12-month period… Continue reading SEPTA Board Approves Fiscal Year 2023 Operating & Capital Budgets
SEPTA Releases Proposed Fiscal Year 2023 Capital Budget & 12-Year Program
Record-breaking Plan Invests in Core Infrastructure & Transformation to Lifestyle Network
SEPTA today released its proposed Fiscal Year 2023 Capital Budget and 12-Year Program. The proposed Capital Budget is a record-breaking plan – the first to break the billion-dollar mark, while… Continue reading SEPTA Releases Proposed Fiscal Year 2023 Capital Budget & 12-Year Program
SEPTA Proposed Fiscal Year 2023 Operating Budget: No Fare Increases, New Investments
Plan Would Provide New Fare Products to Boost Ridership Post-COVID
SEPTA today released a proposed $1.61 billion Operating Budget for Fiscal Year 2023. This proposal includes fare enhancements designed to boost ridership post-COVID and allows for the expansion of SEPTA… Continue reading SEPTA Proposed Fiscal Year 2023 Operating Budget: No Fare Increases, New Investments
SEPTA Board Approves Operating & Capital Budgets for Fiscal Year 2022
SEPTA’s Board today approved Operating and Capital Budget proposals for Fiscal Year 2022, advancing plans to fund everyday operations and major improvement projects. SEPTA’s fiscal year covers the 12-month period… Continue reading SEPTA Board Approves Operating & Capital Budgets for Fiscal Year 2022
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SEPTA Invites Public to Virtual Budget Hearings Next Week
Sessions for Operating & Capital Budget Proposals to be Held May 24-26
SEPTA is encouraging customers, residents and other members of the public to participate in a series of virtual public hearings next week regarding proposed Operating and Capital Budgets for the… Continue reading SEPTA Invites Public to Virtual Budget Hearings Next Week
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SEPTA Unveils Proposed Fiscal Year 2022 Capital Budget & 12-Year Program
Critical Infrastructure Work & Projects of Significance Would Support Region's COVID-19 Recovery; However, Looming Funding Crisis Threatens These Efforts & Would Result in Significant Cuts
SEPTA today unveiled its proposed Fiscal Year 2022 Capital Budget and 12-Year Program, a plan that lays out the Authority’s vision for continuing core infrastructure improvements and advancing projects of… Continue reading SEPTA Unveils Proposed Fiscal Year 2022 Capital Budget & 12-Year Program