I'm reading articles about "transit after the virus." They all seem to say transit will need more money.
I think that's probably true.
Where's it going to come from though? Every level of government is/going to be broke.
One likely case: Agencies will raid capital funds to cover the operating budgets.
Metro is a poster child for where that ends up.
Congestion pricing seems too elastic to make a huge difference, and with super high unemployment, how many will even be going to work, transit or not?
In this area, which has a high number of telework-capable jobs, people still employed will avoid Metro and driving.
Raise taxes? Sure, but a lot of levels of government will be looking at that option. At some point, people will just leave. Plus, are taxpayers just signed up for "dedicated funding."
Also, the tax base will certainly be much smaller given projected unemployment levels.
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