Maryland will give Metro its full share of $167 million a year in new, permanent funding, the governor and leaders of both legislative chambers said Thursday, putting the transit system on track to win a historic regional deal to support it.
Virginia and the District have committed to provide their share for a total of $500 million a year in the dedicated funding that Metro says it needs for capital investments to ensure safety and reliability.
With Maryland’s assent, and barring last-minute hitches, the system will receive a reliable revenue stream for the first time since its trains began rolling in 1976.
Read the complete article at https://www.washingtonpost.com/local/trafficandcommuting/metro-gets-3rd-and-final-yes-as-maryland-commits-to-its-full-share-of-dedicated-funding/2018/03/22/ecd63946-2dfa-11e8-8ad6-fbc50284fce8_story.html?utm_term=.4226f74b363e
