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DALLAS (S&P Global Ratings) Oct. 26, 2021 -- S&P Global Ratings has assigned a 'AA+' rating to Dallas Area Rapid Transit (DART), Texas' senior-lien sales tax revenue refunding bonds, taxable series 2021A and senior-lien sales tax revenue improvement and refunding bonds, series 2021B. The outlook is stable on all bonds.
New York, October 26, 2021 -- Moody's Investors Service has assigned a Aa2 rating to Dallas Area Rapid Transit, TX's (DART) Senior Lien Sales Tax Revenue Refunding Bonds, Taxable Series 2021A; Senior Lien Sales Tax Revenue Improvement and Refunding Bonds, Series 2021B. The outlook is stable.
KBRA Assigns AAA Rating with Stable Outlook to Dallas Area Rapid Transit Senior Lien Sales Tax Revenue Refunding Bonds, Taxable Series 2021 and Senior Lien Sales Tax Revenue Improvement and Refunding Bonds, Series 2021B. A NEW YORK (October 25, 2021) – Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AAA with a Stable Outlook.
On Tuesday, October 12, the Dallas Area Rapid Transit (DART) Board of Directors elected Michele Wong Krause of Dallas as their chair for a two-year term.
The Dallas Area Rapid Transit (DART) Board of Directors has unanimously approved the DARTzoom Final Bus Network Plan, which includes a complete redesign of the DART bus network. With the goal of providing greater frequency, longer service hours and improved access to destinations, the redesigned network goes into effect on January 24, 2022.
Please see dartzoom.org for more information.
DART has been named the American Public Transportation Association's (APTA) 2019 Innovation Award winner.
The Innovation Award is given to a public transit agency demonstrating innovative concepts in the provision of public transportation services. Entries this year had to show how their transit system demonstrated excellence within the three-year period of 2016-2018.
DART's winning entry was their GoPass app, the first public transit ticket-purchasing app in the nation that involved multiple agencies and different types of transportation by combining efforts between DART in Dallas County, the Fort Worth Transportation Authority (now Trinity Metro) in Tarrant County and the DCTA in Denton County.