Bus

MARTA releases FY12 budget proposal

Posted on April 29, 2011

The Metropolitan Atlanta Rapid Transit Authority (MARTA) board announced a proposed Fiscal Year 2012 Operating Budget of $413.76 million, a Capital Budget totaling $185.5 million and $143.7 million in debt service.

The proposal, which will be presented at a series of public hearings in May, is focused on maintaining MARTA's long-term financial sustainability, preserving transit service and state-of-good-repair, enhancing some bus routes and implementing new security initiatives.

To stabilize MARTA's financial condition and maintain current service levels for customers, a number of internal and external recommendations to stabilize the MARTA's finances are being proposed.

External recommendations include a base fare increase from $2.00 to $2.50, with weekly and monthly pass price increases. In addition, the proposal includes the continuation of staggered increases for Mobility base fare, reduced fare and Mobility passes as indicated in the previous, FY 2010 base fare increase. Mobility base fare, reduced fare and Mobility passes will not be impacted by the proposed FY 2012 base fare increase.

Internal recommendations in the proposed budget include no annual merit or wage increases for non-represented and represented employees, which would be the fourth year in a row.  

Despite recently projected increases in MARTA's sales tax over the next 10 years, its finances have been negatively impacted by the overall economic downturn. With no new funding sources on the horizon this fiscal year, MARTA is proposing these changes now to avoid any additional service cuts and to ensure metro Atlanta's prospects for expanded regional transit in the future.

If approved by the board of directors as part of the FY 2012 budget, bus service enhancements would be implemented in September and fare changes would take effect in October.

View comments or post a comment on this story. (0 Comments)

More News

BYD zero-emission buses used to transport 2015 World Games athletes

Both the cities of Los Angeles and Long Beach have opted to purchase 100% battery-electric transit buses from BYD Motors in each of their latest procurements.

BusCon 2015 to offer perspective on the bus industry’s fastest growing customer base

This event offers one location where anyone involved with buses, including public transit and private companies, can meet to build business connections, learn from successful leaders in the field and discover new solutions to the everyday challenges they face.

CHK America completes first tier of GRTC bus stop signage improvements

Tier One modernizes 300 stops along two of GRTC’s busiest routes with each stop receiving upgrades that include new flags with clearly visible route and bus stop numbers as well as eye-level, easy-to-use printed schedule and map information.

Transit management expert to inspire at BusCon 2015 keynote address

The keynote address, “Driving Excellence” will be delivered on Tuesday, Sept. 29, at 11 a.m. by Mark Aesch, CEO of TransPro, a management consultancy that guides transit systems.

Port Authority to realign gates at NYC bus terminal

The changes are aimed at improving bus operations and reducing congestion in the terminal that can stretch back out into the inbound Lincoln Tunnel and beyond.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The resource for managers of class 1-7 truck Fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close