LRW Honors Amtrak’s Acheson As Railway Woman Of The Year
From Editor-In-Chief Foran: Of Gender Equity And Inclusion
Spotlight On Some Of Today’s Rail Safety Products
Women of Influence in Rail eBook
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry
Stay updated on news, articles and information for the rail industry
railPrime
Rail News Home
Rail Industry Trends
Rail News: Rail Industry Trends
Northern Virginia Transportation Commission (NVTC) recently released a guide that cites funding needed for area transit projects.
During the next six years, Washington Metropolitan Area Transit Authority is expecting a $1.5 billion funding shortfall and Virginia Railway Express will need $100 million to purchase rail cars, according to the guide. Northern Virginia’s 2020 transportation plan also shows a $25 million transit funding shortfall.
Since fiscal-year 2001, NVTC’s local governments have increased subsidies 41 percent, while state aid has grown only 15 percent, according to NVTC.
10/6/2003
Rail News: Rail Industry Trends
Northern Virginia area faces funding shortfalls
advertisement
Northern Virginia Transportation Commission (NVTC) recently released a guide that cites funding needed for area transit projects.
During the next six years, Washington Metropolitan Area Transit Authority is expecting a $1.5 billion funding shortfall and Virginia Railway Express will need $100 million to purchase rail cars, according to the guide. Northern Virginia’s 2020 transportation plan also shows a $25 million transit funding shortfall.
Since fiscal-year 2001, NVTC’s local governments have increased subsidies 41 percent, while state aid has grown only 15 percent, according to NVTC.
