Posted inLocal News

BART faces ‘death spiral’ of budget deficits without more public funding, officials warn

Cutting BART service enough to shore up its projected nine-figure annual deficits in the coming years would result in a “death spiral” for the transit agency, officials said. BART planning officials prepared a five-year financial outlook at the behest of the Metropolitan Transportation Commission, the regional transit coordination agency, to estimate how three levels of […]