California Democrats have secured a $750 million loan for Bay Area transit agencies, including BART and Muni, to avoid service cuts through 2026. This follows a $1 billion bailout to address massive deficits primarily caused by low ridership. Potential cuts include station closures and layoffs without further funding. A proposed sales tax increase aims to provide long-term support but faces political challenges. Collectively, the agencies are facing an $800 million deficit, with BART expected to lose $376 million in the upcoming fiscal year.
A loan of $750 million for BART, AC Transit, Caltrain, and Muni will prevent service cuts until the end of 2026, addressing massive deficits.
BART's projected deficits include a $376 million shortfall for fiscal year 2026-2027, prompting warnings of service cuts and layoffs.
Despite receiving significant state bailouts, Bay Area transit agencies face a combined $800 million deficit, largely due to a lack of riders.
Legislators are considering a sales tax increase proposal to secure long-term funding, but political challenges and voter concerns about affordability loom.
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