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HB 264 lifts MARTA spending restriction (the 50/50 split)

Discussion in 'In the News' started by SM Conductor, Mar 22, 2014.

  1. SM Conductor

    SM Conductor Administrator Staff Member

    More good news for MARTA! On Friday, the general assembly passed HB 264, which allows MARTA to spend monies as they see fit, versus forcing them to allocate half for capital improvements, and the other half for operational expenditures:
    Along with the increase of ridership and recently announced major developments at a few rail stations, these changes seem to be placing MARTA on the fast track to reinvention, and truly placing it on par with other transit systems nationwide.

    A good track record for spending over the next three years could even poise MARTA to permanently control how it spends its funds, versus being mandated as in years past. Under current management, this seems like a real possibility.

    Source: WABE

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