TriMet to burn through $1.1 billion in cash reserves as C-TRAN balance sheet improves

Story into audio "Cash is king" in the world of business, and the latest reports show a stark contrast between C-TRAN and TriMet. C-TRAN has been boosting its cash reserves, while TriMet is on track to deplete nearly $1 billion over the next decade. This story by John Ley for Clark County Today examines the financial health and ridership trends of these two transit agencies. C-TRAN's recent Annual Report highlights an increase in demand response services and overall boardings, while TriMet faces a significant decline in ridership and a projected cash shortfall. The Interstate Bridge Replacement Program and the associated costs for light rail expansion into Vancouver are also discussed. For more details, read the full story by John Ley for ClarkCountyToday.com here: https://tinyurl.com/53m2d8x7 .