The four jurisdictions in which MARTA provides service have passed the 15th amendment to the Rapid Transit Contract and Assistance Agreement (RTCAA).
This extends the full-penny sales tax that funds MARTA bus and rail service in the City of Atlanta and Clayton, DeKalb and Fulton Counties through 2057.
“MARTA has spent significant time in the last two years working with our jurisdictional partners to build and repair relationships, deliver on service improvements and advance capital projects,” MARTA General Manager and CEO Jeffrey Parker, said in a news release.
“Fundamentally, approval of the 15thAmendment signals our jurisdictions’ commitment to our partnership,” Parker added. “I do not take these votes of confidence lightly. The entire MARTA team will keep the promises we’ve made and keep us moving forward.”
MARTA plans to rehabilitate all 38 rail stations and purchase of 254 new rail cars.
MARTA’s current bonding capacity is estimated at $3.2 billion. It includes $538 million in sales receipts collected in Atlanta, Clayton, DeKalb, and Fulton Counties in 2019, along with the additional half-penny sales tax levied in the City of Atlanta.