WMATA: $750MM Budget Shortfall Could Lead to ‘Drastic’ Service Cuts
The Washington Metropolitan Transportation Authority (WMATA) on June 22 detailed its future financial planning to address structural funding issues that will leave a projected $750 million shortfall in the fiscal year 2025 budget when federal COVID-19 relief funding runs out. Without an increase in funding, the agency says it would be forced to make “drastic cuts” to rail, bus and paratransit services across the region.