fairfax connectorThe digging process is start for detail as follow.
Metro's financial position for FY 2010, which ends in June, has gotten significantly worse, according to new figures discussed yesterday at the WMATA Board meeting.
Matt covered the $4 million in proposed service cuts. This post looks into the various funding shortfalls that are building up in Metro's budget.
To avoid greater fare increases or service cuts, the budget, like last year's, takes some money away from future obligations. Borrowing from the future could stave off cuts that reduce ridership further and force more people to drive, but it also creates a bigger hole later than Metro must then dig itself out of. The longer the bad budget years persist, the bigger the hole
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