Bay Area transit operators have a looming obstacle ahead of them: a massive budget shortfall, and a potential fiscal cliff.
The Metropolitan Transportation Commission expects operators to face a cumulative shortfall of between $2.5 and $3.3 billion over the next five years.
"We are approaching Sacramento in the near-term as state funding, being the ideal kind of approach and solution, but we are working closely with operators to think about not only could we put a regional measure on the ballot, but what are some other options that are on the table?" said MTC Director of Legislation & Public Affairs Rebecca Long."It's not like everyone is on the same trajectory.
"We've seen a seismic shift in how the private sector and even the public sector approach work and where it can occur," she said."There is a real structural challenge that we're looking at."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Bay Area tech firm drops swanky Super Bowl ad days after layoffsA 30-second spot in the biggest TV and sporting event of the year costs $7 million, according to AdAge.
Consulte Mais informação »
The wildly popular NYC pastry you can now find in the Bay AreaAfter a Bay Area influencer featured it on social media, this bakery's showstopping pastry went viral.
Consulte Mais informação »
7 awesome Bay Area things to do this pre-Valentine’s weekend, Feb. 10-12Got your weekend plans? We have some nifty ideas, from Valentine’s-worthy movies and meals to a night with the world’s “most romantic band.”
Consulte Mais informação »
'We had a normal life until the spiral': Bay Area pastry goes viralAfter a Bay Area influencer featured it on social media, this bakery's showstopping...
Consulte Mais informação »
Kelsey-Seybold, TIRR Memorial Hermann among healthcare systems expanding in Pearland, Bay AreaHealthcare systems in the Bay Area, Pearland and Pasadena are expanding their presence....
Consulte Mais informação »