Pennsylvania Business Report
Legislation would privatize SEPTA’s buses
Legislation soon to be introduced in the state House will address Southeastern Pennsylvania Transit Authority’s (SEPTA) budget deficit by privatizing the transportation authority’s busing operations. SEPTA plans to eliminate dozens of bus and regional rail routes, cutting service by 45 percent, despite having reduced its budgetary deficit from $240 million to $213 million. The more than $27 million the agency needs is 1.55 percent of its $1.7 billion operation. Under the bill, SEPTA wo...
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