The Board of Directors of the San Francisco Bay Area Rapid Transit (BART) has approved a $1.92 billion budget for Fiscal Year 2018 (FY18). The budget will allow BART to begin integrating new rail cars into service before the end of this calendar year, start planning for two extension projects, and implement a major system reinvestment program, despite an estimated deficit of $31 million and a ridership decline of 3 percent.
The budget earmarks $671 million for system reinvestment. In FY18, BART will spend $285 million to acquire 775 new rail cars; $97 million to continue traction power infrastructure replacement ; $71 million for a new Hayward Maintenance Complex; and $67 million for station modernization. BART will also spend $100 million for the Earthquake Safety Program.
To improve access to stations, BART will spend $75 million dollars to clean stations, install more user-friendly wayfinding signs and to design automatic train turnback capabilities at 24th Street Station and the extension of tail tracks at Dublin/Pleasanton and Millbrae.
The agency will also use $2.7 million to work towards limiting fare evasion.