Bidding error costs transit agency $907,000

SCRANTON, Pa. (AP) - August 28, 2008 The County of Lackawanna Transit System must pay $250,000 from its operating budget to the Federal Transit Administration before Sept. 30. The rest will be paid through deductions from federal formula grants for the fiscal years 2009, 2010 and 2011.

Board members Thomas Moran and Tony Morell say the authority is looking at cost-cutting measures to make up the $250,000, including eliminating positions and joining an insurance consortium. They say daily operations of COLTS and upcoming capital projects likely will not suffer because the authority builds up unused capital money each year.

---

Information from: The Scranton Times, http://thetimes-tribune.com/

Click here to get the latest Philadelphia news and headlines from across the Delaware and Lehigh valleys.

Copyright © 2024 WPVI-TV. All Rights Reserved.