Add It Up: ‘sMARTA, but also broke

MARTA operating expenses for FY09, in millions of dollars: 396

Projected MARTA budget shortfall for the current fiscal year, in millions of dollars: 60

MARTA operating expenses for FY09, in millions of dollars: 396

Percentage increase in total MARTA ridership from August 2007 to August 2008: 11.5

Number of years since rail service began in 1979 that MARTA has seen a higher ridership increase: 2

Total annual operating funding MARTA receives from state of Georgia, in dollars: 0

Number of other major metropolitan areas whose public transit agency receives no state funding: 0

Total annual operating funding MARTA receives from the federal government, in millions of dollars: 42

Potential liability faced by MARTA due to lease-back deal with now-collapsed insurer AIG, in millions of dollars: 391

Maximum percentage of revenue from local 1-cent sales tax that MARTA is allowed to spend on system operations: 50

Percentage of MARTA operating costs covered by sales tax revenue: 52

Estimated percentage by which U.S. consumer spending will drop in 2009: 1

Number of years since the U.S. had a bigger slump in consumer spending: 67

Sources: MARTA, ajc.com, Bloomberg






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