While Metro appears to be on track to avoid a budget shortfall this year, the head of the transit agency is already warning area leaders about future budget issues.
D.C., Maryland and Virginia are working on providing an additional $480 million in funding to help keep Metro afloat and avoid drastic service cuts going into effect later this year. Meanwhile, Metro is cutting down on administrative costs and has proposed a 12.5% fare increase to bring in more revenue.
Metro General Manager and CEO Randy Clarke told the Metropolitan Washington Council of Governments Board of Directors on Wednesday that changes need to be made to how WMATA is funded.
“Everyone’s proportion is going to have to go up, or we’re going to have to make cuts next year,” Clarke said.
Click here to read the rest of the article written by Jacob Kerr over at WTOP
