Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »


RAIL EMPLOYMENT & NOTICES



Rail News Home Passenger Rail

5/28/2009



Rail News: Passenger Rail

Atlanta commission to reallocate stimulus funds for MARTA


advertisement

Yesterday, the Atlanta Regional Commission (ARC) approved a plan to allocate $25 million in American Recovery and Reinvestment Act funds to the Metropolitan Atlanta Rapid Transit Authority (MARTA).

Pending approval by the Georgia Regional Transportation Authority and Gov. Sonny Perdue, MARTA will use the proceeds to balance its FY2010 budget and avoid drastic service cuts. In turn, the agency will reallocate $25 million of its capital dollars to fund transit-related projects in the MARTA service area.

The ARC's Transportation and Air Quality Committee proposed the funding swap after the Georgia legislature failed to pass legislation that would have provided transportation funding and allowed MARTA to access $65 million in its capital reserve fund to help address the agency's operating deficit.

MARTA's board is expected to approve the agency's FY2010 budget at its June 22 meeting. The next fiscal year begins July 1.


Contact Progressive Railroading editorial staff.

More News from 5/28/2009