Month: June 2013

ATLANTA — MARTA will not raise its fare under a Fiscal Year 2014 budget the MARTA Board of Directors approved on Monday. The budget, which takes effect July 1, includes $426.9 million for operations and $430.5 million for capital programs, including $141.1 million for debt service. The regional transit provider originally planned to increase its base fare from $2.50 to $2.75 during the upcoming fiscal year and would have included increases in 2015, 2016 and 2018 fiscal years. MARTA officials say the approved budget includes a five-year strategy to stabilize the agency’s finances, improve employee morale and the overall customer