Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »


RAIL EMPLOYMENT & NOTICES



Rail News Home Financials

1/25/2017



Rail News: Financials

WMATA seeks input on 'reality check' budget for FY2018


Trains pass through the Farragut West Station on the Orange and Blue Lines.
Photo – WMATA/Larry Levine

advertisement

The Washington Metropolitan Area Transit Authority (WMATA) is seeking public feedback on its proposed $3.1 billion budget for fiscal-year 2018.

The budget would provide funds for key safety, service and customer initiatives aimed at reversing ridership decline and building a financially sustainable future for the agency, WMATA officials said in a press release.

Following the year-long accelerated track maintenance program known as SafeTrack, WMATA will institute a new preventive track maintenance program in FY2018. In addition, the agency will implement a rail-car "Get Well" plan to address persistent issues and reduce delays.

The FY2018 budget provides $1.8 billion for operating expenses and $1.25 billion for capital needs. The proposal would include fare increases.

WMATA officials in October 2016 described the budget as a "reality check" plan.



Contact Progressive Railroading editorial staff.

More News from 1/25/2017