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COVID-19 punches $26.1M hole in GRTC’s budget

Posted at 8:56 AM, Aug 05, 2020
and last updated 2020-08-05 08:56:56-04

RICHMOND, Va. -- The economic disruptions of the coronavirus pandemic burned a $26.1 million hole in GRTC’s budget for its current fiscal year.

And while that damage, which was equal to almost half of the regional bus authority operations budget, was repaired with federal funding, GRTC is uncertain how it will make up the expected shortfall of $10 million to $12 million in its fiscal year 2022 budget. Click here to continue reading on Richmond BizSense.

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