D.C.-Area Transit Board Adopts $12.2B Plan, But How to Pay?

Sanchez, Humberto
November 2002
Bond Buyer;11/22/2002, Vol. 342 Issue 31519, p4
Trade Publication
Reports on Washington D.C. Metropolitan Area Transit Authority's vote to adopt a $12.2 billion plan to expand Metro subway service and improve transportation infrastructure in the region, without any provisions to pay for the plan. Funds allocated for the maintenance of the system; Reason behind the board's action; Expectation of federal funding for the capital plan; Other plans of the Authority.


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