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WASHINGTON (DC News Now) — The Washington Metropolitan Area Transit Authority (WMATA) is asking for the public to provide feedback on its proposed Fiscal Year 2025 Budget. The authority said its budget includes drastic service cuts, fare increases, layoffs and other “severe” cost-cutting measures. WMATA is facing an unprecedented $750 million budget shortfall in the […]
The proposal comes as the agency faces a $120 million fiscal cliff and a nearly $1 billion shortfall the next year, amid lagging ridership
Gov. Phil Murphy came to office raising taxes on the wealthy or businesses, but now he may raise costs on others.
Revenues are way down, expenses are way up, and the MBTA is also under an enormous pile of debt.
The new year is a season of change for many things. Among those is a looming TriMet fare increase that will go into effect Jan. 1, 2024.