Metro Forecasts Budget Shortfall | WAMU 88.5 - American University Radio

: News

Filed Under:

Metro Forecasts Budget Shortfall

Play associated audio

Metro officials are forecasting a major budget shortfall next year. Expenses are projected to grow by more than $90 million while revenue drops by nearly $40 million.

On Thursday, Chief Financial Officer Carol Kissal will present board members with a budget forecast intended to offer early guidance and prompt discussions on the budget gap, one of the largest in the agency's history.

The proposed $1.46 billion budget is for the fiscal year that begins July 2010. Metro General Manager John Catoe is expected to present a budget to the board by December.

The forecast attributes much of the $90 million growth in operating expenses to increases in the use of MetroAccess para-transit service, increased pension costs and rebounding energy costs.

Patrick Madden reports...

NPR

Christmas Bells Are Ringing, And Cable Holiday Movies Are Unrelenting

Christmas cable movies are a genre unto themselves. We take a look at some of the Hallmark (and other) romances that are surprisingly big business this time of year.
NPR

Coca-Cola Wades Into Milk Business With 'Fairlife'

The milk is now for sale in a limited number of stores — including the Coborn's in Belle Plaine, Minn. Ari Shairo talks with Coborn's dairy manager, Steven Thueringer.
WAMU 88.5

Forthcoming MoCo Legislation Targets Smoking, Alcohol, Pinball

The start of Maryland's General Assembly session is a little less than two months away, but state lawmakers are already crafting bills that propose certain alcohol and tobacco regulations. And pinball.
NPR

In Darren Wilson's Testimony, Familiar Themes About Black Men

Wilson's descriptions of Michael Brown reminded some people of negative depictions of African-Americans in history. Recent studies suggest these perceptions have deeper psychological roots.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.