Merseytravel’s block funding grant from the Department for Transport has been slashed by two thirds, with the Chairman of the transport authority Councillor Mark Dowd warning of severe repercussions on future transport projects.
Councillor Dowd said: ”Never in our most pessimistic forecasts did we anticipate such a crippling and savage cut.
“Having already dealt with a 25% cut of our £17million allocation during this financial year, we had made realistic budget predictions of receiving just over £13million next year. We now know we are going to get only £5.74million and this is going to have a severe impact on our future plans.
“Currently we are reviewing all projects for next year, but my immediate reaction is that it will be difficult enough to maintain and operate what we have let alone think about improvements.
“During my 28 years as a councillor I have never experienced such a financial savagery, these cuts are vicious”.
Merseytravel is the operating name for the Merseyside Transport Authority and Merseyside Transport Executive. The Authority sets transport policy, while the Executive delivers it.
Here is an indicator of what is to come on public transport on Merseyside:
Price increases from 2/1/11
- Source: www.merseytravel.gov.uk/newsarticle.asp?articleid=1783&catid=1
- Posted by: sjk81 at 3:31pm on 15 December 2010
Does this cut affect you or someone you know?