ATLANTA -- It's budget time, and MARTA is bracing for a huge decline in tax revenue. They expect $130 million less through 2016.
MARTA Spokesman Lyle Harris said the MARTA Board approved a "steady state" service plan for fiscal year 2013 that does not contemplate cuts in bus or rail but that utilizes approximately $33 million in reserves, to balance the budget. Also, employees will see no annual or merit wage increases for the fifth year in a row. They'll also have to contribute more for retirement and health insurance benefits. Capital projects are limited to safety, security, and regulatory requirements.