Washington's Metro: Deficits By Design

Finance structure challenges Washington's Metro.

This brief examines the unusual financial structure of the Washington Metropolitan Area Transit Authority (WMATA) and finds that the agency's serious budgetary challenges owe in large part to its problematic revenue base. Most notably, the brief finds that WMATA's extraordinary lack of dedicated funding sources has necessitated an over-reliance on annually appropriated support that makes the agency vulnerable to perennial financial crises. The report concludes by reviewing a number of potential dedicated revenue sources for WMATA that officials might consider to supplement local operating subsidies over the long term.

Thanks to Elena Sheridan

Full Story: Washington's Metro: Deficits by Design

Comments

Build Your Own Paper Block City

Urban Fold is an all-inclusive kit that allows anyone to build the city of their dreams with a few simple folds.
$24.95
building block set

NEW! Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
$25
T-shirt with map of Chicago

Show your city pride

Men's Ultrasoft CityFabric© tees. Six cities available.
$23.00
Woman wearing city map tote bag

City Shoulder Totes - New Cities Added!

Durable CityFabric© shoulder tote bags available from 9 different cities.
$22.00