Silicon Valley transit agency expects multiyear budget deficit - San Jose Spotlight
Briefly

Silicon Valley's transit agency, VTA, is facing a growing budget deficit expected to reach $14.9 million by 2027, driven by economic uncertainty and reduced sales tax revenue. In response, the agency plans short-term cost-cutting measures, including maintaining a hiring freeze and increasing staff vacancy rates. Despite these challenges, VTA's officials emphasize the importance of sustaining service levels, as ridership has rebounded to 85% of pre-COVID levels, reflecting its commitment to supporting the community amidst fiscal pressures.
It's reasonable to be concerned, like any other transit agency, city and county,
Read at San Jose Spotlight
[
|
]