Feb. Snowstorms Cost Metro $18 Million | WAMU 88.5 - American University Radio

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Feb. Snowstorms Cost Metro $18 Million

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WASHINGTON (AP) Metro says the back-to-back snowstorms this month have cost the transit agency an estimated $18 million.

The storms forced Metro to limit rail service only to underground stations, which officials say caused a "tremendous loss of ridership." In addition, Metro is losing money because its parking spaces are still covered in snow and ice.

Of the estimated costs, $8 million are for snow removal efforts, while $9.7 million accounts for lost revenue.

Metro's Chief Financial Officer Carol Kissal says the system is working with Virginia, Maryland and the District of Columbia to submit costs to the Federal Emergency Management Agency for possible reimbursement.

Metro also is looking into recovering other administrative costs, such as equipment and property damage.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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