MARTA Board Approves FY06 Operating and Capital Budget
ATLANTA – The Board of Directors of the Metropolitan Rapid Transit Authority today passed a $770.7 million Operating and Capital Budget for Fiscal Year 2006, which begins on July 1, 2005. In conjunction with their decision, the Board also passed a new policy requiring that an amount equivalent to 10% of the prior year’s operating budget be maintained in an operating reserve account. "After careful thought and deliberation, this board has passed a budget that is responsible and that will allow us to continue to provide the best possible service to our customers through enhancements to our operations as well