Squaring Circles: De-Mystifying Metro’s Budget and Funding Sources (Part Two of Three)
As Metro kicks off its public engagement effort for next year’s capital and operating budgets, now is the perfect time to get involved in helping shape the Authority’s priorities for the next few years!
This is the second of three related posts that attempt to de-mystify transit funding and give the residents of Metro’s service area some tools to engage in budget discussions. The first post focused on the Capital Funding Agreement (CFA, PDF) and the Capital Improvement Program (CIP, PDF), which together establish a six-year framework for funding projects that improve the Metro System’s safety, reliability, and performance. This post focuses on how the CIP translates into an annual capital budget, and the next post will explore the annual operating budget.
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