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Monday, April 6, 2009

MARTA Threatens Service Cuts

Atlanta's transit agency is considering eliminating service by one day a week to meet a $24 million budget shortfall. MARTA's board met Monday to discuss the budget crunch. The state Legislature wrapped up its 2009 legislative session on Friday without passing a bill that would have given MARTA more freedom in how it spends its own money. MARTA has a $65 million reserve for capital projects but is prevented by state law from dipping into that fund to help offset a $20 million shortfall. Most of MARTA's funding comes from a sales tax in Fulton and DeKalb counties. But those revenues have plummeted in the current weak economy. MARTA's board is expected to vote on the cutbacks later this spring.

(Associated Press)

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