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Rail News: Passenger Rail
2/13/2012
Rail News: Passenger Rail
WMATA to host public meetings on FY2013 budget, fare proposals
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The Washington Metropolitan Area Transit Authority (WMATA) will hold a series of public meetings Feb. 27 through March 7 to solicit comments on the agency’s proposed budget for fiscal-year 2013.
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.
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.
