UTA to create rainy-day fund


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(KSL News) The Utah Transit Authority (UTA) will create a rainy-day fund so riders won't have to worry about service cutbacks during tough economic times.

According to the Deseret News, UTA's board of trustees gave the go ahead to create a $10 million fund.

UTA can also use the money to continue bus, rail and carpool services if there's a natural disaster.

UTA tapped into its capital reserve fund to get the emergency cash.

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