GRTC board takes issue with 'financial cliff' narrative, projects confidence for expansion and growth
At the December Greater Richmond Transit Company board meeting, members dismissed the public narrative that the transit company would be facing a “financial cliff” in six years.
Last month, local outlets reported that by 2031, GRTC will have spent 77% of its $22 million reserve fund. And by the same year, the company’s nearly $60 million in reserves supplied by the Central Virginia Transit Authority will have dwindled to a meager $332,347 — a 99.5% hit. Click here to read more
Citizen Staff Reports
Citizen Staff Reports
Shannon Heckt, Virginia Mercury
WTVR CBS 6
Citizen Staff Reports
Citizen Staff Reports
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Citizen Staff Reports
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