Video: Mike Alexander, ARC, Tells the Truth about T-SPLOST Taxes Going to MARTA Operations and Maintenance
HB277 Transportation Investment Act states, starting on line 419, that MARTA “shall not be authorized to use any proceeds from the special district transportation sales and use tax for expenses of maintenance and operation of such portions of the transportation system of such authority in existence on January1, 2011.” Starting at minute 15:14, “Growing unfunded
Two Developments Must Occur Before Passing a Sales Tax
MARTA chief, Beverly Scott, on the TIA: “Most notably, three developments need to occur. A transit governance structure with regional control must past the legislature this session. The MARTA Act needs to be revised to allow for flexibility on how the agency spends its sales tax revenue — removing the restriction that 50 percent be
MARTA chief warns of $2.3 billion in unfunded maintenance needs
From AJC, September 26, 2011 “We do not have an answer of how it’s going to be funded,” Scott said, adding that if the regional transportation plan is rejected, the agency’s maintenance costs would spike to $2.9 billion, as the proposed plan includes $600 million specifically for taking care of an aging MARTA system. Read