WMATA Releases Proposed FY19 Budgets

The Washington Metropolitan Area Transit Authority (WMATA) unveiled proposed fiscal 2019 capital and operating budgets this week. They depend upon an additional $64 million from Maryland over the current year.

The budgets, combined, total $3.1 billion. The proposed capital budget of $1.279 billion includes $787 million from its jurisdiction-members, including Maryland, the District of Columbia, and the Commonwealth of Virginia. Maryland’s share rises from $223 million in fiscal 2018 to $271 million in fiscal 2019. The proposed $1.837 billion operating budget includes $380 million from Maryland, $16.3 million more than in fiscal 2018. That increase is split between Montgomery and Prince George’s.

WMATA indicates that the proposed budget does not include any fare increases or service reductions.

More information is available from The Frederick News-Post and WMATA’s press release.