Subway Funding Plan Approved by Board

Sanchez, Humberto
August 2004
Bond Buyer;8/23/2004, Vol. 349 Issue 31953, p5
Trade Publication
Reports on the approval of the plan to raise over $1 billion of the $1.5 billion in capital needs of the transportation system by the board of directors of the Washington Metropolitan Area Transit Authority (WMATA). Anticipation of a $42 million shortfall in the 2006 operating budget of WMATA; Approval of the formation of a blue ribbon panel by the board; Identification of possible dedicated funding sources for WMATA.


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