WASHINGTON, D.C. — Allowing Metro to deteriorate further will slow the region’s growth and could eventually cost area governments $1 billion or more a year in lost tax revenue, according to an initial study approved by the Metropolitan Washington Council of Governments, reported The Washington Post.
To that end, finding new funds for Metro, and insisting that it improve its performance, are both critical to the region’s economic future, according to the report. “While Metro must be held accountable, it must also be supported, politically and financially,” the report said. “Failure is not an option.”
The report lent support to the recent call by D.C. Mayor Muriel E. Bowser (D) to create a dedicated revenue source for Metro, such as a 1-cent regional sales tax., according to the Post.
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