The $1.6 billion operating budget includes a $53 million, or 8 percent, increase in funding from the jurisdictions that make up WMATA, and a $66 million increase in funding from fares.
The budget’s proposed $904 million capital budget includes signal system upgrades, replacement of the agency’s oldest rail cars with new 7000-series cars, escalator and elevator replacements, and track and infrastructure projects.
The proposed budgets support the “critical rebuilding” of the agency’s system, and improving safety and reliability, WMATA officials said in a prepared statement. The budget also would support additional rush-hour rail service, improved escalator and elevator maintenance, enhance bus corridor services, increased security and continued compliance with National Transportation Safety Board recommendations, they said.
Keywords
Browse articles on Washington Metropolitan Area Transit Authority on Progressive Railroading
More articles
- Raise fares or cut service or ...? More 'new normal' considerations for transit agencies
- For the rail finance and leasing sector, a promising year ahead
- Q4: All in all, it's just another brick in the 'renaissance' wall
- Ridership: For transit agencies, the 'operate and they will come' mantra is giving way to a marketing-based approach
- Building the brand that is passenger-rail service; Surface talk about transportation bills — by Pat Foran (Context February 2012)
- Positive train control: FRA expects to ramp up PTC regulatory efforts as railroads amp up implementation work
- Maintenance of way: Vegetation management/weed control
- Rail car leasing: 'Same old, same old' as the new paradigm — by Toby Kolstad
- Capital ideas: Progressive Railroading's 2012 Finance & Leasing Guide
- Rail industry data and trends from Progressive Railroading February 2012
- Transit agencies jointly tackle leadership succession planning














