DALLAS — Faced with sharply falling revenue, Dallas Area Rapid Transit is considering delaying a key light-rail line to Dallas-Fort Worth International Airport, among other measures to reduce spending.

Chief financial officer David Leininger said the agency will have to cut nearly $3 billion from a plan to spend $14.6 billion by 2029. With $1 billion of bonds sold last year, DART was the third-largest issuer in the Southwest region in 2009.

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