Funding
For FY 2010, CAT's operating budget is $15,439,636, a 1% decrease from last fiscal years budget of $15,596,444. This ends a four-year streak in which CAT had seen an increase in funding to meet the demands of the five-year plan. Of CATs budget, $10,369,966 is from the city, with additional funding coming from the state, passenger Revenue (estimated farebox revenue for FY 2010 is $2,480,623, but it is unclear whether this includes bus pass sales or GoPass contracts, as in past city budgets this was seperted), and miscellaneous sources (such as grants and advertising).
Read more about this topic: Capital Area Transit (Raleigh)