Virginia Transit Association Warns of 2020 “Fiscal Cliff,” for State Transportation Subsidies | Community Idea Stations

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Virginia Transit Association Warns of 2020 “Fiscal Cliff,” for State Transportation Subsidies

With state budget preparations underway, the Virginia Transit Association is warning of a 1.2 billion dollar gap over the next decade that could affect capital funding in Richmond and across the state.

With a tight state budget already predicted, the Virginia Transit Association is getting its wish list in early with a message to lawmakers at every level, some of it close to home.

Executive Director Lisa Guthrie says that project, and many others, depend heavily on capital fund subsidies from the state, which is running out of money.

She says multi-modal transportation is the future for jobs and economic development, and losing subsidies could mean higher fares and/or reduced service, for buses, ferries and light rail for commuters across the state.