SEPTA Seeks $400M Capital Funds to Restore Service by September 14
SEPTA Seeks $400M Capital Funds to Restore Service by September 14

SEPTA Seeks $400M Capital Funds to Restore Service by September 14

News summary

SEPTA is seeking approval from Pennsylvania Gov. Josh Shapiro's administration to use nearly $400 million in capital funds originally earmarked for infrastructure projects to cover operating costs and avoid service cuts caused by a $213 million budget deficit. This request aims to restore full transit service by Sept. 14 following a judge's order to reverse recent service reductions, although SEPTA plans to implement a 21.5% fare increase simultaneously. While this measure would prevent immediate service disruptions and allow SEPTA to proceed with initiatives like the Bus Revolution and preparations for national events, officials acknowledge it is a temporary "band-aid" solution that risks future capital projects, including vehicle replacements and maintenance. SEPTA General Manager Scott Sauer emphasized the need for a long-term funding plan, noting that transferring capital funds without a commitment to replenish them is unsustainable. The political impasse in the Pennsylvania General Assembly has delayed a comprehensive funding solution, with prior proposals from both Democratic and Republican lawmakers addressing the issue differently. The final decision on SEPTA's capital fund diversion rests with Gov. Shapiro, who has expressed openness to the measure if accompanied by a plan to backfill the account.

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Last Updated
13 hours ago
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