(Source: Philadelphia Magazine, March 28, 2017)
PHILADELPHIA — SEPTA proposed an ambitious $727.2 million budget on Monday. The funding – which would reflect an almost $180 million increase over last year’s budget, if approved – would go toward the agency’s “Rebuilding the System” initiative, a lofty plan to overhaul the city’s aging transportation infrastructure, vehicles and technology. The initiative dates back to the 2013 passage of Act 89, legislation that revamped the state’s commitment to transportation. SEPTA’s proposed 12-year, $7.3 billion capital program aims to provide fleets of new vehicles and to rehabilitate and replace bridges, rail and subway stations, vehicle maintenance facilities and other critical infrastructure.
Full story: www.phillymag.com