SEPTA’s Going to Be About $38 Million Short Next Year

Everyone get ready to groan because it looks like SEPTA is going to have a serious deficit by July of next year. With plans already in place to race fares to match inflation (like in 2010), SEPTA will likely be staring at a $38 million budget shortfall caused by the depletion of its service stabilization fund and higher workforce costs. Yippee. [Metro]