SEPTA dipped into capital funds to cover a budget shortfall, but the move may have put the Roosevelt Boulevard Subway project in a precarious position.
SEPTA, with approval from Gov. Josh Shapiro, used part of its capital funds to address a substantial $213 million financial shortfall and reinstate services that had been cut in recent weeks, write Thomas Fitzgerald and Erin Reynolds for The Philadelphia Inquirer.
However, drawing from the Public Transportation Trust Fund is far from an ideal solution and has placed several future SEPTA projects, including the Roosevelt Boulevard Subway project, in a financially precarious position…