WMATA Proposes ‘Severe Cuts’ in FY2025 Budget (UPDATED, 2/2)
The Washington Metropolitan Area Transit Authority (WMATA) has released its proposed operating and capital budget for fiscal year 2025 (FY2025), which calls for “severe cuts” to address the agency’s $750 structural funding shortfall—a deficit equal to more than 25% of the operating budget—despite “proactive management actions” taken by WMATA to control expenses.