The Capital Metro Board of Directors is meeting this afternoon to adopt the transit company’s budget for the 2013 fiscal year.
The proposed budget won’t increase fares and doesn’t include any service additions or reductions.
Cap Metro says 2013 will be a “lean” year as the company focuses on maintenance and updating its fleet of buses.
"While our revenues from sales tax and other sources are healthy for next year, it is sort of a lean year for us in that we have a number of maintenance and state of good repair type of investments that need to be made. So we'll be buying new buses, making some technology upgrades, ultimately it means better service out on the streets of Austin and on the railroad of Austin but nothing super exciting this year," Capital Metro Spokesperson Erica Macioge says.
