MARTA warns of big fare hikes, major cuts | ajc.com: “MARTA’s top administrator on Monday warned of steep fare hikes and drastic cuts in passenger services if the transit agency cannot find more revenue sources to make up for a projected $60 million revenue shortfall.
“We are talking about a Draconian — unbelievably Draconian — reduction in service,” said MARTA general manager Beverly Scott. “There is not enough stuff that one can touch where you can, in fact, wind up making up those kinds of sharp decreases.”
Scott’s remarks followed a MARTA board meeting during which the panel approved a series of proposals to alleviate the crisis.
The agency began its fiscal year in July expecting a $30 million shortfall. In September, the Georgia State Economic Forecasting Center projected that MARTA was facing an additional $30 million revenue shortfall by the end of the current fiscal year in July 2009, and a $634 million shortfall over the next decade.”
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