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MARTA Board of Directors Approves Fiscal Year 2015 Budget

“The agency has weathered and overcome several economic challenges in recent years, and we are pleased with our fiscal outlook.” - MARTA Board Chairman Robert L. Ashe

Courtesy MARTA/Facebook
Courtesy MARTA/Facebook
Patch Staff Report

The MARTA Board of Directors this past week adopted the Fiscal Year 2015 Operations and Capital Budgets that will take effect July 1.

The proposed FY15 Budget allocates $415.6 million for operations and $470.1 million for capital programs, which includes $149.2 million for debt service. 

“MARTA has accomplished a tremendous amount in 2014, and we are confident we can continue in this vein,” MARTA Board Chairman Robert L. Ashe said in a statement. “The agency has weathered and overcome several economic challenges in recent years, and we are pleased with our fiscal outlook.”

The budget adoption process included a series of public hearings May 13-15 where community feedback was solicited.

Some of the budgetary highlights for FY15 are:

  • No fare increase
  • A 19 percent increase in rail service hours
  • Q-Bus (Quality Care) Program to improve overall bus fleet reliability
  • Reinstituting mass utilization of more durable and secure paper Breeze tickets
  • Increasing the promotional program fare discounts for purchases of 2,000 or more
Additional budget highlights can be found at http://www.itsmarta.com/FY15-Budget-Highlights-Operating-Capital.pdf.

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