Now, to the surprise of many, the region is within weeks of finalizing Metro’s first-ever dedicated funding package, for the full $500 million. [Breakthrough in Virginia on Metro funding: Lawmakers approve $154 million.] [Metro GM proposes ‘new business model’ and $500 million a year in extra funding to save D.C.-area transit agency.] Both the Federal City Council and a Metro study by former U.S. transportation secretary Ray LaHood called for replacing the 16-member Metro board with a temporary, five-member “reform board” to oversee structural changes. That was one of his principal proposals to save money when he first asked for the extra $500 million a year.

Source: Washington Post March 24, 2018 21:22 UTC