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July 12, 2010

WMATA to spend $220 million on safety & repairs

Filed under: government-wmata, transportation-metrorail — admin @ 11:03 am

Metro has received pre-award authority from the Federal Transit Administration to move forward with more than $220 million worth of projects that address Metro’s most urgent safety and state-of-good-repair needs.
     > WMATA Press Release
     > Full story

July 8, 2010

Costs to operate transit are rising

Local transit agencies are providing more trips than in the past but the costs to provide them are rising far faster, according to a new report.
     > DC Examiner
     > Full story

June 25, 2010

Some Metro fares rise Sunday

Metro riders will start paying record fares starting Sunday, after Metro’s board gave final approval to a wide-ranging fare hike on Thursday as part of a $2.18 billion budget.
     > DC Examiner
     > Full story

Virginia will pay Metro promised funds

Virginia Transportation Secretary Sean T. Connaughton said he told several senior Metro staff members, including Chief of Staff Shiva Pant, on Wednesday that Virginia is willing to pay Metro $500 million over 10 years even if it does not receive seats on the Metro board.
     > Washington Post
     > Full story

June 17, 2010

McDonnell threatens to withold Metro funds

Filed under: government-virginia, government-wmata — admin @ 9:15 am

Virginia Gov. Robert F. McDonnell’s administration threatened Wednesday to unravel a $1.5 billion federal funding plan for Metro unless the state gets two members on the agency’s board of directors.
     > Washington Post
     > Full story

June 11, 2010

Metro to impose surcharge at up to 6 stations

Filed under: government-wmata, transportation-metrorail — admin @ 9:12 am

As Metro riders brace for a historic fare increase, the finance committee of Metro’s board of directors approved the option Thursday of imposing yet another five-cent surcharge on entry and exit at two rail stations each in Virginia, Maryland and the District to fund capital improvements to the Metro system at those stations.
     > Washington Post
     > Full story

May 28, 2010

WMATA raises fares, avoids service cuts

Filed under: government-wmata — admin @ 8:38 am

DCist outlines the specifics of WMATA’s new fare structure.
     > DCist
     > Full story

May 14, 2010

Dr Gridlock explains WMATA’s proposed fare hike

Filed under: government-wmata — admin @ 8:48 am

WMATA is considering a wide array of fare hikes to cover its budget shortfall for the next fiscal year. Dr. Gridlock explains the complicated proposal, and WMATA’s process for approving it.
     > Washington Post
     > Full story

May 7, 2010

MD backs down, will fully fund Metro

Filed under: government-maryland, government-wmata — admin @ 1:56 pm

Maryland has reversed its decision to defer payment of $56 million in capital funds for the deteriorating Metro system over the next two years after receiving assurances that the transit agency will provide better accounting, senior Metro and Maryland officials said Thursday.
     > Washington Post
     > Full story

April 30, 2010

Metro considering fare hikes instead of service cuts

Filed under: government-wmata — admin @ 8:30 am

Metro is moving ahead with plans to impose the largest fare increase in its history this summer, as the financially strapped transit agency prepares cover the $189 million operating budget deficit for the fiscal year that begins July 1. The main components of the increase — expected to be finalized at a special meeting of the board in mid-May — include a 15 percent increase in rail fares and a 20 percent increase in bus boarding charges.
     > Washington Post
     > Full story

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