State and local officials have agreed on a $590 million bridge loan to prop up Bay Area transit agencies until voters decide on a sales tax increase to bolster the systems.
The loan will stave off service cuts at AC Transit, BART, Caltrain and San Francisco Muni pending revenue from a proposed five-county tax hike, the Metropolitan Transportation Commission said.
Continue reading for free
Sign in to read this story and receive the weekly roundup in your inbox.
Success! Your account was created and you’re signed in.
Please visit My Account to manage your account.