We are in uncharted waters with regard to COVID-19 virus; we don’t know how bad it will get or how wide and long its devastation will reach. We hope it will be put under control soon and pray that your friends and families are spared the worst from this illness.
Our transit systems, nation-wide, are also in uncharted waters. With the statewide orders for non-essential workers to stay at or work from home, the closing of schools and businesses, and the need for maintaining maximum social distance, transit systems are being hurt badly. Ridership is down between 40% and 90% in transit systems across the US (e.g., NYC ridership is down 67%, Bay area transit down 87%, Seattle down 45%).
The NFTA is experiencing similar ridership decreases. These losses are made worse when other taxes that support transit (e.g., the Erie County sales and mortgage recording taxes) also take a financial hit due to the virus. The $2.2T Federal CARES act just passed and signed into law by President Trump includes $25B for transit systems. This will help.
We are very pleased with the actions taken by the NFTA including:
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