Would a Cordon Charge Help Stabilize Metro’s Finances? (Part 4)
Adding a London-style cordon charge (or fee) to enter much of the region’s central employment area would increase transit ridership across all modes and also reduce (or eliminate) the subsidy that local governments pay every year to support Metro, meaning lower tax bills for regional residents.*
(This post is part of a multi-part series about ConnectGreaterWashington (CGW) a study that WMATA completed in 2015 and its application of land use and pricing as a transportation strategy.)
Scenario “B” looked at land use shifts and increasing the price of driving, and how those changes would impact Metro.
Metro asked, “What if the region’s future growth was used to fulfill the expectations of regional plans such as Region Forward and Place + Opportunity? What if transit-supportive policies were implemented across the region? Would WMATA benefit? Would the region?”
Answer: YES!!
*Note that Metro is not proposing that the region adopt a cordon charge, but it was tested as part of an analysis of how smarter land use and more transit-supportive policies could impact transit ridership, our operating subsidy, and other measures that support the region’s growth.
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