JTA’s Deficit Skyrockets to $31M | Jacksonville News

Jacksonville’s public transit system is in deep financial trouble, with its deficit ballooning to $31.8 million by year-end — up from just $2.25 million just six months ago. City auditors reveal a troubling trend: revenues are plummeting while expenses soar, even as the agency slashes costs and plans more cuts. With the fiscal year ending September 30, the JTA faces an uphill battle to stabilize its finances before it’s too late. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ffad31dd81a10867