"We are working closely with all stakeholders on the parameters of a funding deal. Our shared goal is to agree on the terms of a deal by this fall."
"Under one of our worst case scenarios, BART closes at 9 p.m., trains run only once an hour, stations shut down, and 1000 workers lose their jobs,"
"This is real."
"The Governor has made it clear to me that he understands the importance of this loan,"
Bay Area transit agencies face massive deficits and risk severe service cuts without a proposed $750 million loan to sustain operations through 2027. Senators negotiated loan details, but Governor Gavin Newsom and the Department of Finance are seeking to finalize the loan next year instead of before the end of the legislative session. The governor's office said it is working with stakeholders and aims to agree on terms by this fall. Agencies including BART, Muni, Caltrain and AC Transit would repay the loan. Muni and BART face deficits in the hundreds of millions. BART warned of worst-case closures at 9 p.m., hourly trains, station shutdowns and 1,000 job losses. A rally at Civic Plaza and Mayor Daniel Lurie's participation underscore urgent local pressure as the bill-language deadline approaches.
Read at ABC7 San Francisco
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