Some Transit Agencies, Airports Still Slow to Spend Emergency COVID Money
September 11, 2020 – Mass transit agencies across the country spent $2.3 billion of their CARES Act coronavirus funding in July, while airports spent $652 million of theirs, according to new reporting from the Office of Management and Budget. That still left $16.7 billion of the $25 billion in CARES Act transit aid and $8.4 billion of the $10 billion in CARES airport aid unspent as of July 31.