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Obviously, nobody really loves SEPTA. Or, possibly, even like SEPTA. Or possibly many of you feel an intense deep hatred for SEPTA.
No matter. You still have to admire their moxie (or whatever). What other company, public transit agency, or any business, really, facing a $140 million budget shortfall would release a budget like this?
SEPTA hopes to spend $426 million in the next fiscal year for reconstruction, new buses and railcars, and other repairs and upgrades.
The agency’s capital budget for the 12 months that start July 1 calls for $100 million to be spent on rebuilding the Market-Frankford El in West Philadelphia. An additional $49.5 million is earmarked for new buses and $10 million for Regional Rail cars.
SEPTA plans to buy 400 buses and 104 railcars. Also, $15 million of the 2008 capital budget is for repairs and improvements on the R5 Paoli line, the busiest of the Regional Rail lines. And $47 million is earmarked to overhaul vehicles.
Yeesh. As usual, the chances of all of this happening is roughly the same as a giant elephant attacking City Hall in retaliation for letting the elephants leave the zoo.
SEPTA releases budget wish list [Inquirer]
[Image via dalig]
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