Category Archives: budget

>Board to Catoe: Cut service to balance the budget

> According to this draft resolution, the Board will consider providing the following guidance to GM Catoe for preparing the FY 2011 budget, which starts next July: Assume that jurisdiction subsidies will not likely increase Assume a fare increase in … Continue reading

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>Metro Budget Possibilities

> Metro’s 2011 budget starts out about $100M in the red from a preliminary analysis, but the General Manager has to submit a balanced budget to the Board by December. Here’s some things he could consider: Revenues: A fare increase … Continue reading

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>Preliminary Metro Budget Forecast

> As reported in the Washington Post, Metro’s staff released a report for the Board’s Finance Administration and Oversight committee meeting this Thursday.  Next year will certainly be a challenging year for Metro.  According to the report, even after an … Continue reading

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>Metrorail budget has been flat over the past 10 years

> Ever waited 20 minutes for an on-time Metrorail train?  If you regularly ride after 9pm, you have.  But it doesn’t have to be that way.  If the Metrorail subsidy had increased with the rate of inflation over the past … Continue reading

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>That’s a big deficit.

> Mankiw has a post up depicting what happened to our deficit this year.  Short story is we’re paying out about 27% of GDP and only collecting about 16% of GDP in taxes.  While that’s not as high as it … Continue reading

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>Fairfax Connector proposes bus line changes

> Fairfax County has proposed cutting bus service for FY 2010 to close a $650M budget gap. Among the cuts are the complete elimination of fifteen routes, decreasing bus frequency on nine routes, cutting off weekend service on one route, … Continue reading

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>Metro’s options for balancing the budget

> There are essentially four options at this point for closing Metro’s $29M budget gap. In order of my preference: Jurisdictional subsidy increases. This would require local area governments to search hard in their budgets for any additional funding that … Continue reading

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