LANHAM, Md. (CBSDC) — Metro rail fares brought in $20 million less than projected during the fiscal year that ended in June.

Metro mostly blames the fare increase that took effect more than a year ago and changes to the federal transit subsidy, while sequestration is pegged as having a “modest” effect.

Off-peak track work appears to be a deterrent, too. Weekend ridership was down 12 percent. Factor in a much smaller decrease in bus usage, and system-wide ridership dropped by more than 9 million.

Gains from the inauguration and the late-arriving cherry blossoms were cancelled out by other things, one being the closure for Hurricane Sandy.

Still, revenue increased overall because of the fare increase.

WNEW’s Matt DelSignore contributed to this report. Follow him and WNEW on Twitter.


Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Listen Live