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Denton, Texas, agency projects 41% decrease in rail ridership
Hat tip, Trainorders
Digest: Locomotive firm NRE consolidates operations at two sites
News Wire Digest for Aug. 28: Denton, Texas, transit agency prepares for lower ridership in 2021; effort builds to save Milwaukee Road depot in Iowa
August 28, 2020
Friday morning rail news:
{snip}
Denton, Texas, agency projects 41% decrease in rail ridership
The Denton County Transportation Authority is projecting a 41% decrease in A-Train commuter rail ridership in fiscal 2021, along with a 53% decrease in bus ridership, and therefore is budgeting for a 27% decrease in operating revenue, from $5.2 million to $3.8 million, in the wake of the COVID-19 pandemic. The Denton Record Chronicle reports the agency expects operating expenses to decrease by nearly $1 million, while non-operating revenue is expected to increase because of increases in sales tax revenue and federal grants. The authority’s board will vote on the budget at its September meeting.
{snip}
News Wire Digest for Aug. 28: Denton, Texas, transit agency prepares for lower ridership in 2021; effort builds to save Milwaukee Road depot in Iowa
August 28, 2020
Friday morning rail news:
{snip}
Denton, Texas, agency projects 41% decrease in rail ridership
The Denton County Transportation Authority is projecting a 41% decrease in A-Train commuter rail ridership in fiscal 2021, along with a 53% decrease in bus ridership, and therefore is budgeting for a 27% decrease in operating revenue, from $5.2 million to $3.8 million, in the wake of the COVID-19 pandemic. The Denton Record Chronicle reports the agency expects operating expenses to decrease by nearly $1 million, while non-operating revenue is expected to increase because of increases in sales tax revenue and federal grants. The authority’s board will vote on the budget at its September meeting.
{snip}