Port Authority of Allegheny County’s board of directors unanimously approved a $347.5 million budget today for the 2006-07 fiscal year that includes a $31.5 million hole.
Authority members anticipate state lawmakers will approve financial help to offset the deficit before January when the agency projects hitting "cash flow challenges."
The budget takes effect July 1 and ends June 30, 2007.
Lawmakers are waiting for recommendations long-term solutions to chronic transit shortages from a state Transportation Funding and Reform Commission created by Gov. Ed Rendell. Those recommendations are due by Nov. 15.
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