Shutdown costing Metro millions of dollars, ridership down 20 pe - New York News

Shutdown costing Metro millions of dollars, ridership down 20 percent

Posted: Updated:
Monitoring Metro Monitoring Metro
  • Government ShutdownMore>>

  • Key support for budget deal; deficits would rise

    Key support for budget deal; deficits would rise

    Wednesday, December 11 2013 6:48 PM EST2013-12-11 23:48:33 GMT
    A newly minted budget deal to avert future government shutdowns gained important ground Wednesday among House Republicans who are more accustomed to brinkmanship than compromise, even though it would nudge federal deficits higher three years in a row.
    A newly minted budget deal to avert future government shutdowns gained important ground Wednesday among House Republicans who are more accustomed to brinkmanship than compromise, even though it would nudge federal deficits higher three years in a row.
  • Shutdown lawnmower man honored with new chainsaw

    Shutdown lawnmower man honored with new chainsaw

    Wednesday, November 13 2013 1:44 PM EST2013-11-13 18:44:34 GMT
    The man who mowed the lawn around the Lincoln Memorial during the shutdown is getting honored Wednesday. Chris Cox was out at the Lincoln Memorial with a lawnmower and chain saw in early October.
    The man who mowed the lawn around the Lincoln Memorial during the shutdown is getting honored Wednesday. Chris Cox was out at the Lincoln Memorial with a lawnmower and chain saw in early October.
  • For Cuccinelli, few good options on shutdown

    For Cuccinelli, few good options on shutdown

    Wednesday, October 23 2013 4:50 PM EDT2013-10-23 20:50:09 GMT
    The 16-day partial government shutdown is all but certain to figure prominently in Thursday's final sparring match between candidates in the governor's race. And that could be a problem for Republican gubernatorial candidate Ken Cuccinelli.
    The 16-day partial government shutdown is all but certain to figure prominently in Thursday's final sparring match between candidates in the governor's race. And that could be a problem for Republican gubernatorial candidate Ken Cuccinelli.
WASHINGTON -

The government shutdown is costing Metro millions of dollars. The steep drop in riders, potential loss of federal funds and a missed payment from the District could leave the transit agency strapped for cash.

All this as the agency begins discussing a fare increase next year.

"In the long run, you just can't sustain it. This it's like the rest of the country, you can't sustain it," said Richard Sarles, Metro General Manager and CEO.

While furloughed federal workers will get back wages when the shutdown ends, Metro will not be reimbursed for its losses which continue to mount with every passing day of the shutdown.

The transit agency has already made cuts, reducing the trains from eight cars to six to save cash. But with ridership down about 20 percent, the losses -- a few hundred thousand dollars a day -- are staggering.

"It's a couple of million dollars. That's why we're concerned,” Sarles said. “If the nation resolves their issues, then we can deal with that, but if it goes on too long, it certainly can have further impact."

Metro has a $30 million surplus from last year, which was earmarked for fiscal year 2015, starting July 1. Tapping that to cover the bill now will shortchange the budget and riders next year. The longer the shutdown lasts, the bigger the losses.

"As far of that's concerned, you need to talk to the Speaker of the House, John Boehner, and tell him to get his act together," said frustrated rider Rick Jones.

The implications could be far-reaching, affecting how much riders pay. Metro is discussing a modest rate hike next year, about ten cents per ride on rail and 15 cents on buses. But that could climb higher if Metro faces catastrophic losses.

"I think that is modest and I think I'd be okay with that, but I think there's a lot of people that that would significantly impact their budget," said Shannon Harris, who rides Metro downtown from her home in Silver Spring.

From federal funding to transit benefits that impact riders and the shutdown, Metro's fate is tied to Capitol Hill. Metro is monitoring the situation, but if something is done soon, the agency may have to take additional measures.

"At some point they'll have to be changes," Sarles said.

Because of the shutdown, D.C. missed its quarterly $74 million payment to Metro. The transit agency says there is no immediate financial risk.

The jurisdictions in Maryland and Virginia have paid their share, which should buy some time until the shutdown ends and D.C. can come up with the money.

The bottom line is Metro needs the government to get back to business, so it can too.

  • Local NewsLocal NewsMore>>

  • New York's microbrew industry growing

    New York's microbrew industry growing

    Monday, July 28 2014 8:39 PM EDT2014-07-29 00:39:52 GMT
    Local and small beer brewing companies have something to toast. The Brewers Association says microbrew sales grew in the first half of this year; up 18 percent over the same period last year. This comes at a time when overall domestic beer consumption is flat.Ethan Long, one of the owners of the Rockaway Brewing Company in Long Island City, started brewing beer two years ago.
    Local and small beer brewing companies have something to toast. The Brewers Association says microbrew sales grew in the first half of this year; up 18 percent over the same period last year. This comes at a time when overall domestic beer consumption is flat.Ethan Long, one of the owners of the Rockaway Brewing Company in Long Island City, started brewing beer two years ago.
  • 2 U.S. marshals, 1 NYPD detective wounded; fugitive killed in Manhattan

    2 U.S. marshals, 1 NYPD detective wounded; fugitive killed in Manhattan

    Monday, July 28 2014 6:58 PM EDT2014-07-28 22:58:41 GMT

    Two deputy U.S. marshals and an NYPD detective were seriously wounded in a shootout with a fugitive sexual assault suspect in the West Village in Manhattan, officials said. The shootout happened in smoke shop called Smoking Culture on West 4th Street near Jones Street.


    Two deputy U.S. marshals and an NYPD detective were seriously wounded in a shootout with a fugitive sexual assault suspect in the West Village in Manhattan, officials said. The shootout happened in smoke shop called Smoking Culture on West 4th Street near Jones Street.


  • Mayor de Blasio, Bratton seek to improve police-community relations

    Mayor de Blasio, Bratton seek to improve police-community relations

    Monday, July 28 2014 6:47 PM EDT2014-07-28 22:47:07 GMT
    Back from vacation, Mayor Bill de Blasio is addressing the allegations of police choke holds. Standing next to his police commissioner and standing by him, de Blasio declared police community relations will improve by Bill Bratton's call for retraining of officers. The mayor did say that police choke holds are not acceptable.
    Back from vacation, Mayor Bill de Blasio is addressing the allegations of police choke holds. Standing next to his police commissioner and standing by him, de Blasio declared police community relations will improve by Bill Bratton's call for retraining of officers. The mayor did say that police choke holds are not acceptable.

Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices