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Todd DeFeo loves to travel anywhere, anytime, taking pictures and notes. An award-winning reporter, Todd revels in the experience and the fact that every place has a story to tell. He is owner of The DeFeo Groupe and also edits Express Telegraph and The Travel Trolley.
ATLANTA — The latest economic forecast issued in December 2008 for MARTA by the Georgia State Economic Forecasting Center predicts a further worsening of its current fiscal crisis by an additional $10 million, the transit agency said. The forecast also predicts MARTA will experience a cumulative loss of more than $1.2 billion in sales tax revenue over the next ten years – that is up an additional $588 million from its fall 2008 report. “This latest forecast truly underscores the magnitude and severity of the economic times that we are currently dealing with,” said Beverly A. Scott, MARTA General Manager
ATLANTA — MARTA Board of Directors urged Gov. Sonny Perdue, Lt. Governor Casey Cagle and House Speaker Glenn Richardson to call a special session to “deal with” transportation and MARTA funding issues. During their 2009 General Assembly, state legislators did not to pass what MARTA officials call “critical legislation providing regional or state transportation funding and lifting restrictions on the use of MARTA’s capital reserve funds,” MARTA contends. The Georgia General Assembly ended April 3, and during this year’s legislative session, MARTA officials petitioned state lawmakers to grant the authority access to $65 million in its capital reserve account to