Snowmaggedon Cost Metro $18 Million
A frontloader clears snow at the Rhode Island Ave - Brentwood Metro station (courtesy Larry Levine/WMATA)
Metro is reporting that the huge February snowfall has cost them almost $18 million dollars. The bulk of that, $9.7 million, is due to reduced ridership because the system was barely operational and only underground during the double blast of snow.
Metro is working with area governments to try and recoup the costs through federal disaster aid, said Carol Kissal, Metro’s Chief Financial Officer.
In addition to the almost $10 million in lost revenue, snow removal and overtime cost the agency $8 million. And revenue losses continue to mount from unusable parking spaces that are still unplowed.
The December snow storm cost Metro $2.7 million, and had already pushed the system beyond it’s annual snow removal budget of $2.5 million.
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3 Responses to “Snowmaggedon Cost Metro $18 Million”
February 18th, 2010 at 4:37 pm
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February 18th, 2010 at 9:11 pm
Good. Metro needs as much money as it can get without raising rates
February 19th, 2010 at 9:16 am
[...] the word out that Metro is short another $18M due to lost fares and extra expenses during the Snopocalypse and Snowmaggeddon, Congresswoman [...]