SEPTA Saves $91.4M as Budget Crisis Looms and Major Transit Cuts Still on the Table

SEPTA’s belt-tightening efforts have paid off with $91.4 million in yearly savings and new revenue through its Efficiency & Accountability Program, marking a bright spot as the transit agency faces serious money troubles. The program, which started in 2021, has found creative ways to save money and boost income. SEPTA workers came up with 140 different ideas to cut costs and work smarter. These changes, plus strict spending limits like freezing management hiring and cutting back on consultants, helped shrink SEPTA’s budget gap from $240 million to $213 million. “We’re showing that we handle public money carefully, but we can’t … Continue reading SEPTA Saves $91.4M as Budget Crisis Looms and Major Transit Cuts Still on the Table