MARTA CEO Beverly Scott says the drop in sales tax revenue could mean service reductions of 10 to 30 percent, depending on what the Georgia legislature does to come to the agency's aid. Also a 25-cent fare hike to $2 for a single ride is in store for riders.
"Despite getting about $65 million from the federal economic stimulus package for repairs, renovations and equipment replacements, MARTA is projected to have a $65 million to $67 million operating budget shortfall this year because its share of public sales tax revenues has declined dramatically along with the economy.
"And with lower gasoline prices and fewer people now commuting to work because they no longer have jobs, ridership is falling once again, too."
Great Advice from “A Bronx Tale.”
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