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6/16/2008



Rail News: Rail Industry Trends

BART, MARTA sign off on FY09 spending plans


Last week, Bay Area Rapid Transit (BART) and the Metropolitan Atlanta Rapid Transit Authority (MARTA) approved spending plans for fiscal-year 2009, which begins July 1.

BART signed off on a $675.8 million operating budget that includes funds to continue replacing worn carpet on 300 cars with rubber-like flooring, nearly double the rate of new car seat installations and maintain 24 new rail-car cleaning positions.

Meanwhile, MARTA approved a $395.5 million operating budget and $386.5 million capital budget. The spending plan includes funds for the agency’s planning program, as well as dollars to replace and rehabilitate facilities and equipment.

MARTA’s budget does not call for a fare increase or service cuts, but the agency will use $43 million from its reserve fund to balance the budget. The economic downturn is resulting in lower sales tax revenues and legislation that enables MARTA to use 5 percent of capital funds for operating expenses will expire at year’s end, the agency said.


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