Railroad News
Trinity Metro to receive $55 million in CARES funding
The grant will primarily cover salaries, wages and lost revenue.Photo – Trinity MetroTrinity Metro last week announced it will receive $55 million in federal Coronavirus Aid, Relief, and Economic Security (CARES) Act funding to address the financial impacts of the COVID-19 pandemic.
Trinity Metro’s $55,161,034 will be used toward offsetting losses in the operating budget from decreased sales tax and fare box revenue. The money also will be used for COVID-19-related expenses incurred to protect passengers and employees, Trinity Metro officials said in a press release.
The grant will primarily cover salaries, wages and lost revenue, officials said.
The Regional Transportation Council approved Trinity Metro’s funding, which is part of the $25 billion the Federal Transit Administration received for transit providers to respond to the public health crisis under the CARES Act passed by Congress in March.
Meanwhile, other passenger-rail agencies across the United States continue to respond to the pandemic. Following are the latest updates:
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