Houston’s METRO Public Transit organization has approved a budget for fiscal year 2017.
METRO’s budget is well done and takes into account a
possible future downturn in the economy.
The budget is actually $70 Million less than last year. The
budget has $568 Million for operations and $178 Million for capital costs. $4
Million of that will be used to improve bus stops and transit infrastructure. The
budget was done as if there were a 1% drop in sales revenue, as the entire
state prepares for a possible economic downturn following lower oil prices. The
budget is smartly done and improves the service while cutting the cost.
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