MARTA adopts FY25 operating and capital budgets, emphasizes state of good repair

MARTA adopts FY25 operating and capital budgets, emphasizes state of good repair Image credit: MARTA

The Metropolitan Atlanta Rapid Transit Authority (MARTA) Board of Directors adopted the Fiscal Year (FY) 2025 operating and capital budgets. The $1.6 billion budget includes $654.5 million in net operating funds and $909.2 million for capital programming. 

MARTA has balanced the budget for a 13th straight year without a fare increase and reconfirming two AAA bond ratings. The budget prioritizes projects for customer safety, those associated with the arrival of the new railcars and new buses and infrastructure, station rehabilitation, new fare collection equipment and technological upgrades to service information. 

MARTA derives a significant part of its operating budget from sales tax revenue, which remains robust, and ridership, while still below pre-COVID levels, continues to increase and has returned for large events. The operating budget assumes a four percent salary increase for non-represented employees and fully funds the collective bargaining agreement obligations, as well as accounts for inflation and ongoing supply chain issues.  

The Capital Improvement Program continues to advance, with several projects either under construction such as Rapid Summerhill, the region’s first bus rapid transit line that opens for service next year, or entering the construction phase such as the Five Points Transformation, set to get underway in July. 

The budget includes $76 million for the multi-year Station Rehabilitation Program and $92 million for the procurement of new railcars, the first of which arrives in Atlanta later this year for testing. Additionally, the budget allocates $32 million for the procurement of new buses, $25 million to advance the Clayton County Operations and Maintenance Facility project and $20 million to continue the development and implementation of a new fare collection system.

Source: MARTA