Monday, November 16, 2009
Where MARTA Came From?
"Greater investment in transit is necessary to “the cultural, social, and economic well-being of the people in the metropolitan area and the development of the educational, commercial,
and industrial resources.”
---Sec. 3, The MARTA Act of 1965
MARTA History
· MARTA originally provided transportation for Fulton and DeKalb counties and was funded on a 1% tax increase. Clayton, Cobb, and Gwinnett counties all rejected this project because of the 1% tax increase and fear of crime.
· In 1972 Atlanta Transit Company was bought out for $12.9 million so all public transportation would be controlled.
· MARTA began construction in 1975.
· The first line was finished in 1979.
MARTA Revenue & Expenses
- MARTA is one of the largest transit agencies in the U.S that does not receive assistance from state government
- MARTA revenue comes from a 1% sales tax
- MARTA finances most of its capital equipment and rail construction with bond fund
- MARTA Expenses include:
o Transportation (38%)
o Maintenance (28%)
o Interest (16%)
o General and Administrative (14%)
o Other (4%)
Light Rail in other Countries
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