If the 50¢ Metro fare increase John mentioned yesterday does generate $30 million for Metro through 2010, it would fall short of the amount Metro very needs to cover its $70 million budget shortfall. In my last post on the subject, I noted a County Council plan that could save $30 million for Metro by combining redundant departments within Metro with those within the rest of the County. The County Council claimed they needed a proposal that would save $20 million per year, along with another $40 million capital project cuts.
We’ll keep you informed on this subject. Metro’s still short $5 million a year even with the fare hike, capital project cuts, and the possible staffing reductions.