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SYPTE expects £2m ENCTS underspend

07 March 2016
 

South Yorkshire PTE expects to underspend its budget for concessionary fares reimbursement to bus operators by £2m in 2015/16. Expenditure in the first nine months, to 31 December, was £22.1m, compared with  a £23.5m budget, and the PTE expects final expenditure to be £29.35m, compared with the budget of £31.36m. “The majority of the underspend (75%) has been caused by the continued reduction in English national concessionary travel scheme (ENCTS)...

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