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Public Transportation and Smart Growth

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marmar

(78,201 posts)
Mon Jul 29, 2024, 08:32 AM Jul 2024

Vancouver: TransLink to cut transit services in half by 2025 without new funding model [View all]




TransLink has released a new report detailing potential future transit service cuts that would be necessary at the end of 2025 if a new transit funding model is not established.

According to the report, the agency is facing a funding gap of approximately C$600 million (US$434 million) each year – a shortfall in the budget to operate current transit service levels throughout the region. TransLink recently announced C$90 million (US$65.1 million) in corporate cost-efficiency and revenue measures to help reduce the funding gap.

The report, which was prepared at the request of the Metro Vancouver’s Mayors’ Council, reveals the C$600 million (US$434 million) annual operating budget shortfall would result in significant cuts to all transit services, including cutting bus service in half, reducing SkyTrain and SeaBus trips by up to one-third and potentially eliminating the West Coast Express commuter service.

“These cuts would be devastating to the region and we’re doing everything we can to stop them from happening,” said TransLink CEO Kevin Quinn. “Unfortunately, this is a window into our reality if a solution to our outdated funding model is not implemented. We need all levels of government to come together to protect and expand transit service to meet the needs of Metro Vancouver’s growing population.” ...............(more)

https://www.masstransitmag.com/management/article/55128822/translink-to-cut-transit-services-in-half-by-2025-without-new-funding-model




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