Metro’s board of directors will gather Thursday morning for meetings of its finance and administration and customer service and operations committee.
Of top interest to most passengers will be the look the board is going to take at the budget projections for fiscal year 2013, which begins July 1. Those numbers show a potential $124 million deficit, raising the possibility that Metro may have to raise fares next year to help close the gap. We’re months away from that happening and the board would engage in a lot of discussion and hold public hearings, but it’s still an unpalatable idea to riders who just experienced a fare increase in 2010.
Other topics include an update on the planned Dupont Circle escalator replacement, Metro’s snow plan for this winter, a discussion on MetroAccess and a new business model for the next contract, and an update on Metro’s extensive capital effort to upgrade its deteriorating transit network.