Capital Metro FY 2016 budget includes service on MoPac toll lanes, MetroRail upgrades, new buses
Included in Capital Metro’s $357.2 million fiscal year 2015-16 budget are some big-ticket items such as MetroRail upgrades, replacing aging buses and adding Express bus service on the MoPac toll lanes. The board of directors unanimously approved the FY 2016 budget Sept. 28 as well as the agency’s five-year plan. Between fiscal years 2016-20, Capital Metro will spend about $404 million on capital improvement projects, agency Chief Financial Officer Leslie Browder said. About $156.8 million will be spent on vehicles and $172 million will be spent on the commuter rail line, according to budget documents.
Source: Community Impact- Cedar Park