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Metro Looks To Plug $20 Million Budget Gap

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Nov 3, 2009 10:08 am US/Eastern

Metro Looks To Plug $20 Million Budget Gap

WASHINGTON (AP) ― Metro officials say that to close a budget gap they can cobble together $36 million from sources including stimulus and insurance money.

Metro is currently facing a shortfall of more than $20 million.

The shortfall is a result of a drop in ridership, in part because of unemployment and rising costs, including costs associated with the June train crash that killed nine people.

The budget figures were part of a presentation scheduled for a Metro board committee meeting Thursday. Insurance money could provide $7 million for the budget gap and stimulus funds could provide $20 million.

(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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