For Mass Transit Agencies, a Fiscal Cliff Looms.

While a handful of the largest agencies have funding sources that don’t make the future immediately dire, others are looking at hard decisions next year as city transit ridership remains depressed, cutting into revenue streams.

American public transit agencies are facing a period of profound crisis.

The COVID-19 pandemic sent ridership plunging to unprecedented depths. Then the federal government stepped in quickly, with equally unprecedented levels of support to keep operations humming for essential workers.

Sixty-nine billion dollars for transit was provided between three federal COVID-19 relief laws. But more than two years later, no more help is expected from Washington, D.C.

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governing.com

June 24, 2022 • Jake Blumgart



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