MTA approves $3-billion budget
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The board of the Los Angeles County Metropolitan Transportation Authority approved a $3.4-billion budget Wednesday for the next fiscal year.
About 45% of the budget goes to the MTA’s bus system, 23% to the rail system and 18% to improving and building roads. The remainder goes to other expenses.
The MTA is awaiting word on whether it could lose as much as $200 million due to the state budget deficit. If that happens, the MTA board would likely have to reopen the budget and find ways to save that money in the coming year, said MTA spokesman Marc Littman.
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