BART is facing a challenging financial situation as it anticipates a 'fiscal cliff' in 2026 if new funding sources are not identified. While the agency has celebrated rising rider satisfaction and implemented fare increases, ongoing deficits threaten service continuity. Currently, fare revenue supports only 25% of operating costs, a stark contrast to the pre-pandemic level of 70%. Proposed solutions to address the financial gap include drastic measures like reducing train frequency, shutting down lines, and implementing layoffs. The outlook for federal assistance appears bleak amid political tensions and previous funding challenges.
BART faces a fiscal cliff in 2026 due to declining fare revenue, raising fears of service cuts and potential layoffs.
BART's ongoing deficit is exacerbated by fare revenue covering only 25% of operating costs, down from 70% pre-pandemic.
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