“Balancing the budget with service cuts would require eliminating two-thirds of Metro’s existing service, with no service after 9:30 p.m.”
“Metro today 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 relief funding runs out. Without an increase in funding, Metro would be forced to make drastic cuts to rail, bus, and paratransit services across the region.
“We cannot afford to let Metro fail. It is too important to the region, our economy and quality of life, connecting people to jobs and family, reducing gridlock, and cutting carbon emissions,” said Metro General Manager and Chief Executive Officer Randy Clarke. “Concerns were first raised about the lack of a dedicated and ongoing funding source in 1976 when Metrorail opened, and it is time for the region to come together to solve this serious financial challenge.
Nearly three million people living in the region, 70 percent of jobs, and 50 percent of employers are located within half-mile of a Metro station or bus stop. Given Metro’s reach, the economic impact of service cuts would drastically reduce transit’s value to the region.
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