For immediate release: April 19, 2017
Wiedefeld issues financial plan to keep Metro safe, reliable & affordable
Metro General Manager/CEO Paul J. Wiedefeld today issued a financial plan to keep Metro safe, reliable, and affordable. Recognizing that Metro's federal and regional capital funding expire next year and that operating costs are growing at nearly twice the rate of revenue, Wiedefeld's analysis concludes major financial changes are required this year.
Please see the documents below to learn about Metro's need for a new Capital Trust Fund and changes to its business model.