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In March, DART reported long-term (for fiscal years 2012 and beyond) projections of lower than expected sales tax receipts. In addition to requiring adjustments in current service levels the sales tax projections will also have a significant impact on the ability of the agency to undertake future expansion projects such as the Orange Line to DFW, the Blue Line extension to UNT Dallas and the second downtown alignment. Updated 20-year sales tax projections show DART receiving approximately $3 billion less in sales tax income than the amount projected as recently as May 2009. However, all estimates confirm DART will be able to continue the routine replacement of fleet vehicles and maintain a state of good repair for its current facilities and those under construction. The updated 20-year financial plan includes $4.46 billion in capital project funds for the rail expansion and other projects such as the planned purchase of new buses and other items required to maintain the agency's state of good repair. In addition to major revisions to the capital improvement program the agency has also undertaken a comprehensive review of all operating, construction and administrative functions. The FY 2011 Business Plan incorporates plans for the introduction of 100 smaller buses and for the implementation of an alternative means of delivering paratransit services. The plan anticipates significant reductions in construction and administrative expenses by fiscal 2013.
Lyons, Morgan & Ball, Mark.Board approves budget, financial plan to fund operations, DART Rail expansion,
text,
September 28, 2010;
(https://texashistory.unt.edu/ark:/67531/metapth1226096/m1/2/:
accessed June 19, 2024),
University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.;
crediting Dallas Area Rapid Transit (DART).