SEPTA’s Board approved Operating and Capital Budget proposals for Fiscal Year 2022, advancing plans to fund everyday operations and major improvement projects. SEPTA’s fiscal year covers the 12-month period from July 1 through June 30.  The $1.52 billion Operating Budget will provide funding for SEPTA to increase service levels in support of the region’s recovery from COVID-19, with no fare increases for customers. The Operating Budget funds the everyday expenses of running the system, such as labor, energy, fuel, cleaning and security. The budget also reflects a number of initiatives SEPTA has launched as part of its first-ever Efficiency and Accountability Program.

The Fiscal Year 2022 Capital Budget and 12-Year Program lays out the Authority’s vision for continuing core infrastructure improvements and advancing projects of significance for the region, including:

• • Over $200 million for Trolley Modernization during the 12-year program, including $30 million in FY 2022

• • $25 million to support the Bus Revolution initiative, which will include a comprehensive redesign of the bus network

• • Advancing station improvements to bring full ADA accessibility to the Market-Frankford and Broad Street Lines by 2033

• • Replacing one of the oldest rail fleets in the nation, including trolley cars, the Market-Frankford Line fleet and Silverliner IV Regional Rail vehicles

The capital budget plan also shows how uncertainty regarding state capital funding could impact SEPTA’s immediate and long-range capital program. SEPTA officials have been working closely with members of the Legislature in Harrisburg to highlight the importance of public transportation to the region and the Commonwealth.

  -via Press Release