Daily News | A timeline of SEPTA’s expensive — now dead — KOP rail project
. The agency had said it never anticipated seeking direct funding from the township, and the lack of it wouldn’t be a significant setback.
The Pennsylvania Department of Transportation also was in a tight financial situation as SEPTA was seeking funding. SEPTA set out to develop a 20-year financial plan that it said would include a strategy to pay for the rail extension without affecting routine capital and operating budgets.
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