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Thursday December 10, 2020

RTL TABLES ITS 2021 BUDGET

Longueuil, December 10, 2020 – The Board of Directors of the Réseau de transport de Longueuil (RTL) has announced its 2021 budget, totalling $186.5 M, down 8.9% from last year. This budget is a reflection of the costs associated with the pandemic, the reduction targets set by the Autorité régionale de transport métropolitain (ARTM) and the RTL’s Board of Directors, and the transfer of project office activities related to the study on the Agglomération’s foundational transportation project.    

“The Réseau de transport de Longueuil has experienced unprecedented growth in recent years; however, this was slowed dramatically in 2020 by the impacts of the pandemic on our services, income and expenditures,” stated Jonathan Tabarah, Chairman of the RTL Board of Directors. “Fortunately, the RTL’s responsible management approach, which involved optimizing its resources in July, has laid the foundation for sound financial management over the next few years, and also made it possible to maintain the municipal contribution at 2%. We would also like to thank both levels of government for their financial support.”    

Here are some highlights from the 2021 budget:  

  • Budget of $186.5 M, down $18.3 M compared to 2020, mainly allocated as follows:
    • Decrease of $14.8 M due to transfer of the project office for the foundational transportation project to CDPQ Infra;  
    • Overall spending of $11 M, which resulted in savings of $6.5 M due to meeting the optimization targets set by the ARTM and the Board of Directors;
    • Addition of $3.5 M for the integration measures surrounding the arrival of the Réseau express métropolitain (REM) and the mitigation measures for the work on the Louis-Hippolyte-La Fontaine Bridge-Tunnel;        
    • An increase of $3.3 M related to the delegated management of new metropolitan infrastructure as part of the measures surrounding the REM and bridge-tunnel;  
  • Municipal contribution maintained at 2%.  

For full details on the 2021 budget, visit the Budget section of the RTL’s website.   

 

About the RTL

The Réseau de transport de Longueuil (RTL) is the main transit provider for individuals within the five cities that comprise the Agglomération de Longueuil. 
The third-largest public transit organization in Québec, the RTL operates a network of 793 kilometres. With some 1,100 employees, the RTL is a major employer that contributes to the economic vitality of the region.

Ever receptive to its users, the RTL plays a key role in the lives of the people and the communities it serves by providing solutions that are efficient, innovative, and adapted to the evolving needs of its clientele. Improving quality of life for the citizens of the Agglomération de Longueuil is a top priority for the RTL.