grant

One of the reasons given for the $73.8 million year end deficit was the decrease in transit revenues. The last couple of years there has been a considerable drop in ridership on the LRT due to safety and other concerns with the stations. To counter these concerns the Government of Alberta is issuing a one time $5 million grant. The money will be used to clean and fix the stations, install more security cameras, renovate and repurpose 2 closed restaurants, and other work around the stations. The grant won't help with this years deficit but hopefully will increase LRT ridership and minimize future LRT revenue deficits.

#EdmontonTransit, #grant