WMATA Proposes ‘Severe Cuts’ in FY2025 Budget (UPDATED, 12/20) –– From Our Colleagues at Railway Age
WASHINGTON, D.C. –– The Washington Metropolitan Area Transit Authority (WMATA) has released its proposed operating and capital budget for fiscal year 2025 (FY2025), which calls for “severe cuts” to address the agency’s $750 structural funding shortfall—a deficit equal to more than 25% of the operating budget—despite “proactive management actions” taken by WMATA to control expenses.