Posted inTransit

Capital Metro updates financial forecast, returns $130 million to contingency fund

Capital Metropolitan Transportation Authority’s Finance, Audit and Administration Committee heard an update on the agency’s financial status at its meeting on Aug. 14. Catherine Walker, chief financial and risk officer, presented a financial report as of the third quarter of Fiscal Year 2022-23. According to the presentation, sales tax remittances received as of May are […]

Posted inTransportation

Langmore appointed to Austin Transit Partnership board of directors

The Capital Metropolitan Transportation Authority Board of Directors last week voted to appoint John Langmore to serve as the community expert director of finance on the Austin Transit Partnership’s board of directors. The Austin Transit Partnership is the entity tasked with implementing Project Connect. The nominating committee consisted of Board members Matt Harriss, Paige Ellis, […]

Posted inTransit

Austin’s light-rail plans set to advance after narrowly dodging Texas-sized wrecking ball

Austin’s light-rail ambitions are barreling ahead after narrowly escaping the clutches of Texas lawmakers determined to rein in the multibillion-dollar transit expansion. But the voter-approved plan, known as Project Connect, must still navigate a tricky track laden with potential legal and political hazards. “For now, we are going to take a deep breath,” Mayor Kirk […]

Posted inTransit

On-street light rail route selected as best option for city’s mass transit plan

Local transit leaders have selected an entirely on-street light rail line that runs through downtown and stretches mostly north and east with a spur that reaches somewhat into southern Austin as the route that will most likely be approved for construction. Austin Transit Partnership today announced that the two-train route running from 38th Street south […]

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