Bay Area transit faces ‘fiscal cliff’ as ridership collapse endures
https://www.siliconvalley.com/2021/12/20/bay-area-transit-faces-fiscal-cliff-as-ridership-collapse-endures/
With no end in sight to the pandemic-induced downturn in public transportation ridership, many Bay Area transit agencies are warily eyeing their operating budgets, which have been kept afloat by billions in federal relief money during the public health crisis.
Riders are not returning in force and without their ticketing revenue, transit operators are burning through federal funds with hundreds of millions in budget shortfalls on the horizon. That means transit agencies are looking for new cash and voters may be asked to foot the bill in the coming years if they want to avoid service cuts.