Budget Deficits

New York City Subway

Transit Faces a Fiscal Cliff in New York City—Sooner Than Expected

It's like March 2020 all over again.

July 27, 2022 - The City

Coronavirus and Transportation

D.C. Metro Seeks Public Input on Proposed Service Cuts

D.C. Metro Seeks Public Input on Proposed Service Cuts

October 20, 2020 - Greater Greater Washington

Cincinnati Bell Connector

Streetcar Facing $1.4 Million Budget Deficit in Cincinnati

The Cincinnati Streetcar, now known as the Bell Connector, weathered numerous controversies on the way to completion. Now it faces the prospect of balancing its budget less than three years after launching.

May 21, 2019 - Cincinnati Enquirer

Santa Clara Valley Transportation Authority

Financial Woes at Santa Clara Valley Transportation Authority

A $25 million operating deficit will inspire some soul searching, and structural changes.

December 8, 2018 - The Mercury News

Ohio

Transit Catastrophe After Toledo Funding Change Misses the Ballot

A ballot initiative intended to solve the Toledo Area Transportation Authority's budget deficit didn't appear before voters in November, and now less bus service will cost more to ride.

December 8, 2018 - The Toledo Blade

Trump

Trump's 25-Cent Infrastructure Tax?

During a closed-door meeting Wednesday with Democratic and Republican lawmakers, President Trump endorsed hiking the gas tax by 25-cents per gallon to help pay for the $200 billion investment and restore solvency to the Highway Trust Fund.

February 18, 2018 - Politico

Empty Subway

Transit Agencies Struggling to Predict Ridership, Even as They Raise Fares

At transit agencies like D.C, Metro, bad ridership projections beget bad fare scheduling which begets bad budgets. And so on.

March 13, 2017 - WAMU

Saudi Arabia Reducing Gasoline Subsidies to Cope with Budget Deficit

The world's third cheapest gasoline will increase by 40 percent in order to deal with a record budget deficit of $98 billion this year. Plummeting oil prices have forced the world's largest oil exporter, Saudi Arabia, to reduce energy subsidies.

December 30, 2015 - AFP

As Oil Prices Fall, Alaska Considers an Income Tax

Not only might Alaskans have to pay a state income for the first time since 1980, three years after the Trans-Alaska Pipeline was completed, but Alaska Permanent Fund checks might drop 50 percent to cope with falling crude oil tax revenue.

December 29, 2015 - The New York Times

Audit: Arizona DOT Facing $62.7 Billion Budget Shortfall through 2035

Something needs to change if Arizona is going to be able to pay the bills for maintaining and building new roads, according to the findings of an audit by the state.

October 3, 2015 - Phoenix Business Journal

Upheaval at New York State Thruway Authority

The New York State authority with responsibility for the Thruway system, including the Tappan Zee Bridge as the most famous of its 809 bridges, is weathering leadership changes and a dismal budget shortfall.

January 5, 2015 - WNYC

Sales Tax or Tolling to Pay for MTA's Budget Shortfall?

The debate about ending the gas tax to fund transit capital projects has arrived in New York City, where the MTA is beset by a $12 billion shortfall. Although an increase in sales tax has its supporters, Stephen Miller and Move NY support tolling.

August 3, 2014 - Streetsblog New York City

Debating Proposition 1: Funding Transit in Seattle’s King County

“Vote no on Proposition 1, and send King County government a message that Metro has more work to do on righting its cost structure before asking voters for more revenue,” says an editorial from the Seattle Times.

April 9, 2014 - Seattle Times

California Finds Pot of Gold Hidden in State Accounts

Facing crippling deficits that have threatened California's vaunted quality of life, the discovery of more than $286 million in state accounts will come as a welcome relief. A sweeping state audit, however, raises more questions than it answers.

August 6, 2012 - Los Angeles Times

Learning From the Schwarzenegger Era

This op-ed writer does not look kindly at the 7-year legacy of Gov. Arnold Schwarzenegger. As Gov. Jerry Brown addresses the $28 billion budget deficit left by his predecessor, Joe Mathews considers Schwarzenegger's legacy.

January 5, 2011 - Los Angeles Times - Opinion

Sponsoring Seattle

Leaders in Seattle are considering a plan to offer naming rights to various parks and civic amenities.

November 2, 2010 - The Seattle Post-Intelligencer

Privatizing Local Civic Services to Save Cash

Cities across the country are being forced to outsource or privatize many of their basic civic services like janitors, police and trash collectors due to huge budget deficits. The moves are saving millions.

July 21, 2010 - The Wall Street Journal

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