Friday, June 17, 2011

Fiscal Year 2012 Budget Introduced.

Port Authority's proposed Fiscal Year 2012 budget keeps current service levels, fares and staffing stable through June 30, 2012.

However, if the state's transportation funding crisis is not resolved, the Authority could be facing further challenges in 2013. Read more about current efforts to address transportation funding in Pennsylvania.

A slideshow presentation providing an overview of the proposed budget -- including context, highlights and possible and challenges is available on Port Authority's website, as are charts detailing the proposed operating and capital budgets.

The Board of Directors will vote on the Fiscal Year 2012 budget at its June 24 meeting.