The Dallas Area Rapid Transit would have to raise fares or cut services if the federal highway fund runs out of money later this year, the transit authority announced Friday. The federal fund is in danger of becoming insolvent, possibly as soon as August, Anthony Foxx, secretary of the U.S. Department of Transportation, warned during his visit to North Texas Friday. DART, which operates the largest light rail system in the country and a fleet of buses, gets $70 million of its $460 million budget…
Reported by bizjournals 56 minutes ago.
↧
