BART FISCAL YEAR SURPLUS FUNDS IN SAN FRANCISCO BAY AREA

The BART (Bay Area Rapid Transit) agency closed their budget expenses from last fiscal year with surplus funds moving into the new fiscal year. The BART staffing shared with board members the FY 2019/2020 (Fiscal Year) expenditure report showing surplus funds with a balance budget regardless of therein health crisis in the Bay Area. The BART agency was looking at approximately $120 million operations deficit and $150 million lost in revenues created by therein COVID-19 health pandemic. Including ridership decrease with limited parking collection revenues as well as decline with sales tax income earnings. The BART administration was looking at other ways of savings with $65.2 million of CARES Act funding to move into the new fiscal year (FY 2020/2021) with the projecting operational deficit - visit www.bart.gov for more information and updates.

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2016 S-Class Mercedes: