Metro, facing a staggering $750 million budget shortfall, is actively seeking solutions to keep its operations afloat. In response to the financial challenge, Metro General Manager Randy Clarke has revealed that riders may soon be required to contribute more through a proposed fare increase. The potential adjustments include an additional 40 cents for shorter trips and a maximum fare increase to $7.
Randy Clarke explained that the proposed budget outlines a 20 percent fare increase as a necessary step to address the financial deficit. Clarke emphasized the critical need for financial support, stating, "We don't have the money to run the service that we are running today, let alone run the stuff that people want us to do more of."
In an effort to secure additional funding for Metro, it's suggested the exploration of a regional tax. This potential solution aims to provide sustainable financial support for Metro's continued operation and address the pressing budgetary gap.
If a fare increase is approved, it is not expected to take effect until July 2024. This timeline allows for a thorough evaluation and public consultation process. The Metro board's decision on the fare increase amount will be crucial, and the public will have the opportunity to voice their opinions before any changes are implemented.
Source: NBC Washington
Photo: Getty