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    DC: Metro Gets Third and Final ‘Yes’ as Maryland Commits to its Full Share of Dedicated Funding

    March 23, 2018
    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.

    Source The Washington Post

    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