This post has been updated
Metro released new numbers on the impact of the Silver Line before a Thursday board meeting. Some board members had asked for more details on the expected revenue for the new line. Sarles has lobbied for across-the-board fare hikes in the fiscal 2013 budget for bus, rail and at parking facilities.
The first part of the 23-mile stretch of the Silver Line, expected to open in late 2013, is under construction. The Metropolitan Washington Airports Authority, which is overseeing the construction, plans to put out a request for bids in the coming months for a contractor to build the second phase. That construction could start in January 2013.
The additional fare hikes on the Silver Line would bring in $1.1 million for six months of service in fiscal 2014 and $2.2 million for a full year of service in fiscal 2015, according to Metro’s figures.
Budget figures for fiscal 2012 show Metro revenue is down 1 percent and expenses are up 5 percent, compared to what it had budgeted.
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