Portland’s transit agency, TriMet, is building one of the most expensive light-rail lines ever and is planning several more. Yet the agency is running out of money. The cost of maintaining rail lines grows rapidly as they approach 30 years of age, and TriMet’s oldest line was opened for business 28 years ago.
Click image to download the Secretary of State’s audit of TriMet (5.6-MB pdf).
An audit of TriMet by Oregon’s Secretary of State finds that the agency is already falling behind its maintenance needs. A decade ago, it was completing 92 percent of track maintenance and 100 percent of signal maintenance on time. Today those numbers have fallen to 53 percent for track and 72 percent for signals.
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