The transport revenue levy paid by the seven West Midlands districts for Transport for the West Midlands will fall by £6.8m next year, from £121.5m (2017/18) to £114.7m (2018/19). The use of £1m of reserves means TfWM’s revenue budget will be £115.7m. English National Concessionary Travel Scheme fares reimbursement will fall by £950,000 from £52.5m to £51.4m due to an expected continuing reduction in patronage. Expenditure on subsidised bus...
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