Older Feds Aren't Playing to Their Strengths
Is It Too Hard to Fire Misbehaving Feds?
Americans Still Like the Postal Service
A Forced 4-Day Weekend for Many Feds
No More Tax-Cheating Feds, Senators Say
Video: The Daily Show on Apple's Taxes
Metro Takes $8 Million Sequestration Hit
- By GovExec Staff
- March 15, 2013
- Comments
Wai Chan/Shutterstock.com
The Washington-area transit system will lose about $8 million of the $150 million in funding Metro gets from the federal government each year, the Washington Post has reported.
The reduction will affect long-term projects, such as bus purchases and station improvements, according to Carol Kissal, Metro’s chief financial officer. It could also delay and scale-down a project to replace Metro Smartcards with a system that allows passengers to pay for rides by credit card, Kissal said, according to the Post.
Metro had been bracing for $12 million in cuts to federal funding, which is matched by local jurisdictions, the paper said. The Office of Management and Budget alerted the transit agency on March 1 that the reduction would come in lower, at $8 million.
(Image via Wai Chan/Shutterstock.com)
Cutting costs: Inside the effort to improve the efficiency of federal operations
Need to Know Memo: Big Data
Mobile Apps: New Ways to Connect Government with Citizens
Sponsored
3 Ways Data is Improving DoD Performance
By using this service you agree not to post material that is obscene, harassing, defamatory, or otherwise objectionable. Although GovExec.com does not monitor comments posted to this site (and has no obligation to), it reserves the right to delete, edit, or move any material that it deems to be in violation of this rule.
