Posted Nov 23, 2020, 6:59 PM
|
 |
Moderator
|
|
Join Date: Oct 2011
Location: Philadelphia
Posts: 18,367
|
|
|
Ouch... this is not looking good. SEPTA needs immediate aid here...
RUNNING OUT OF TRACK
Quote:
|
SEPTA, losing $1M in revenue a day, faces uncertain financial future. SEPTA's operating budget is facing a $350 million shortfall as a result of Covid-19, and even CARES Act funding may not be enough to keep the transit system from cutting lines, closing stations or raising fares.
|
Article behind paywall here:
https://www.bizjournals.com/philadel...al-future.html
|