SEPTA discussed a series of cost-cutting measures to address budget uncertainties at its board meeting on Thursday.
This item is available in full to subscribers.
You can also purchase this individual item for $1.50
We have recently launched a new and improved website. To continue reading, you will need to either log into your subscriber account, or purchase a new subscription.
If you are a digital subscriber with an active subscription, then you already have an account here. Just reset your password if you've not yet logged in to your account on this new site.
If you are a current print subscriber, you can set up a free website account by clicking here.
Otherwise, click here to view your options for subscribing.
Please log in to continue |
The Southeastern Pennsylvania Transportation Authority (SEPTA) discussed a series of cost-cutting measures to address budget uncertainties at its board meeting on Thursday.
According to SEPTA spokesman Andrew Busch, the agency has instituted a hiring freeze for selected administrative positions, excluding frontline roles such as bus operators, maintenance personnel, and safety-critical positions. The freeze primarily affects long-vacant positions, aiming to reduce day-to-day expenses.
Additionally, the agency is restricting most out-of-region employee travel, except for essential projects.
“These are a start, and we are continuing to look for additional ways to save money and lower day-to-day expenditures.” Busch said.
The projected annual deficit is at least $240 million following the expiration of federal COVID-19 relief funds for public transit.
SEPTA recently received a one-time cash infusion, providing budget stability for about four months into the current fiscal year. The agency is collaborating with the governor's office and state legislators to develop a long-term funding solution for public transit agencies across Pennsylvania.
SEPTA is also planning to reinstate parking lot fees, which were suspended during the pandemic. Fees for regional railroad lots will increase from $1 to $2, while garage fees will double from $2 to $4. The new payment system is expected to be operational by fall.
SEPTA continues to actively recruit for operational positions, Busch said.
"We are full speed ahead on hiring bus operators, personnel for the field, as well as people who are being put into new positions for training those personnel."
If additional state funding is not secured, fare increases could be considered for implementation in early 2025, following a required review process.
There are not any measures being taken at this time that impact service for any customers. We are continuing to evaluate all possible options for closing our budget deficit, which is projected to be at least $240 million annually now that federal COVID relief funds for public transit have expired.
“We are continuing to work with the governor’s office and members of the legislature on a long-term solution to fund SEPTA and other public transit agencies throughout the commonwealth,” Busch said.
