SEPTA’s piggy bank is feeling full again after the authority was able to replenish its rainy day fund.
But if more state funding doesn’t come through, the fund will have to be tapped for rising costs.
As NewsWorks partner PlanPhilly reports, a 12.2 million-trip increase allowed SEPTA to replenish the funds it had to put toward last winter’s messy conditions. But if the state doesn’t step up funding, rising operational costs will force SEPTA to dip into the fund in the coming years.
A transportation funding commission report from the state is due next month.