By Kathy Hollinger and Jack McDougle
On November 30th, the Greater Washington Partnership (the Partnership) and Greater Washington Board of Trade (the Board of Trade) hosted the 6th annual Capital Region Transportation Forum. This annual event brings together the Capital Region’s transportation leaders – from Washington D.C., Maryland, and Virginia – to discuss shared challenges and opportunities that require multi-jurisdiction collaboration. This year, the discussion centered around the Washington Metropolitan Area Transit Authority (WMATA) fiscal challenges and regional efforts to overcome them.
The Partnership and the Board of Trade work together to ensure the region is advancing comprehensive and strategic transportation investments that will keep our economy moving. An efficient, accessible, and reliable transportation system is essential to ensuring businesses and residents can thrive.
We kicked off the morning by celebrating many of the region’s transportation wins from the past year, including the relaunch of the Baltimore Red Line, Metro’s post-pandemic ridership recovery and historic levels of service, as well as record-breaking ridership on Virginia’s passenger trains. Most notably, WMATA’s $750 million operating budget deficit for the upcoming fiscal year, remains a major challenge facing the region and we urged leaders and elected officials to work together toward a sustainable solution.