MARTA board approves $1.5B budget focused on improving safety, reliability and cleanliness
The Metropolitan Atlanta Rapid Transit Authority (MARTA) Board of Directors adopted the Authority's Fiscal Year 2026 Operating and Capital Budget on Wednesday of $1.55 billion.
According to MARTA officials, the budget includes $652 million in net operating funds and $901.8 million for capital programming, $115 million for the new trains, $104 million for the implementation of the new fare system.
[DOWNLOAD: Free WSB-TV News app for alerts as news breaks]
MARTA officials say they are balancing the budget for the 14th consecutive year without a fare increase.
'The next fiscal year will be one of incredible improvement, with systemwide once-in-a-generation investments that ensure a safer, cleaner, more reliable MARTA,' said General Manager and CEO Collie Greenwood.
Greenwood says customers will see state-of-the-art railcars, a redesigned bus network that increases service frequency and a better and more flexible Breeze system.
'Customers will see new state-of-the-art railcars, a better, more flexible Breeze system, and an entirely redesigned bus network that increases service frequency.'
TRENDING STORIES:
Henry County teen who survived tornado speaks for first time in new video
Retired Gwinnett couple put out warning after being scammed out of $800K in crypto scheme
SCOTUS rules on lawsuit from Atlanta family whose home was wrongly raided by the FBI
MARTA officials point to the capital improvement program and projects including the Rapid A-Line in Summerhill and the Five Points Station Transformation, the Bankhead Station platform extension, and Cleveland/Metropolitan Avenue Arterial Rapid Transit (ART).
'By keeping safe, clean, and reliable as our north star, we were able to focus on necessary system improvements while remaining good stewards of public money,' said MARTA Board Chair Jennifer Ide.
Ide adds that MARTA is committed to increasing ridership and maintaining good relationship with jurisdictional partners.
In addition, the budget includes nearly $50 million for the ongoing Station Rehabilitation Program which is a multi-year project that will enhance safety, cleanliness, and reliability, and the overall customer experience at all 38 rail stations.
To view MARTA's FY 2026 Operating and Capital Budgets in detail visit MARTA.
[SIGN UP: WSB-TV Daily Headlines Newsletter]
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
7 hours ago
- Yahoo
UPDATE -- Ready Capital Corporation Declares Second Quarter 2025 Dividends
NEW YORK, June 14, 2025 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the 'Company') announced that its Board of Directors declared a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2025. This dividend is payable on July 31, 2025, to shareholders of record as of the close of business on June 30, 2025. Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its 6.25% Series C Cumulative Convertible Preferred Stock (the 'Series C Preferred Stock'), and its 6.50% Series E Cumulative Redeemable Preferred Stock (the 'Series E Preferred Stock'). The Company declared a dividend of $0.390625 per share of Series C Preferred Stock payable on July 15, 2025, to Series C Preferred stockholders of record as of the close of business on June 30, 2025. The Company declared a dividend of $0.40625 per share of Series E Preferred Stock payable on July 31, 2025, to Series E Preferred stockholders of record as of the close of business on June 30, Capital Corporation (NYSE: RC) is a multi-strategy real estate finance company that originates, acquires, finances and services lower-to-middle-market investor and owner occupied commercial real estate loans. The Company specializes in loans backed by commercial real estate, including agency multifamily, investor, construction, and bridge as well as U.S. Small Business Administration loans under its Section 7(a) program. Headquartered in New York, New York, the Company employs approximately 500 professionals Relations212-257-4666InvestorRelations@ Media RelationsPR@
Yahoo
8 hours ago
- Yahoo
Ready Capital Corporation Declares First Quarter 2025 Dividends
NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the 'Company') announced that its Board of Directors declared a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2025. This dividend is payable on July 31, 2025, to shareholders of record as of the close of business on June 30, 2025. Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its 6.25% Series C Cumulative Convertible Preferred Stock (the 'Series C Preferred Stock'), and its 6.50% Series E Cumulative Redeemable Preferred Stock (the 'Series E Preferred Stock'). The Company declared a dividend of $0.390625 per share of Series C Preferred Stock payable on July 15, 2025, to Series C Preferred stockholders of record as of the close of business on June 30, 2025. The Company declared a dividend of $0.40625 per share of Series E Preferred Stock payable on July 31, 2025, to Series E Preferred stockholders of record as of the close of business on June 30, Capital Corporation (NYSE: RC) is a multi-strategy real estate finance company that originates, acquires, finances and services lower-to-middle-market investor and owner occupied commercial real estate loans. The Company specializes in loans backed by commercial real estate, including agency multifamily, investor, construction, and bridge as well as U.S. Small Business Administration loans under its Section 7(a) program. Headquartered in New York, New York, the Company employs approximately 500 professionals Relations212-257-4666InvestorRelations@ Media RelationsPR@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
9 hours ago
- Business Upturn
From LINE to Global: Slime Miner Hits $2M Monthly and Leads Kaia Growth
Singapore , June 14, 2025 (GLOBE NEWSWIRE) — The Web3 hit game leads Kaia's growth and sets a new benchmark for blockchain gaming Built on the Kaia Chain operated by the Kaia Foundation, Slime Miner has officially become the most popular and top-grossing app on the LINE platform, according to an announcement from the game's development team. With more than 13 million players and monthly revenues surpassing $2 million, Slime Miner has emerged as the highest-earning streaming decentralized application (dApp) on Line, outperforming powerhouse titles like Axie Infinity and Pixels combined. Currently supporting over 14 languages, Slime Miner's global accessibility has fueled its explosive growth and revenue dominance, with 70% of the entire Kaia dApp revenue driven by Slime Miner's unique Payback Promotion. Slime Miner, a leading game on the Kaia Chain, is expanding its presence to Google Play, the App Store, and the TON ecosystem—unlocking access to a staggering 3.5 billion users worldwide. The company is also integrating support for BNB wallets and introducing new payment methods, including $KAIA, $BNB, and the upcoming Slime Token. As part of its broader vision, the Slime Universe is expanding to the next Web3 frontier on the Kaia Chain. The team plans to launch additional Slime-themed games, enhancing the ecosystem and creating further demand for the Slime Token. 'Slime Miner's success is a testament to our mission of bringing engaging, community-driven gaming experiences to a global audience,' said Shin Myung Yong, CEO of Slime Miner. 'We're excited to expand our ecosystem, integrate new payment methods, and launch the Slime Token to create even more value for our players and partners.' The highly anticipated Token Generation Event (TGE) for the Slime Token is coming soon on major exchanges, providing players and supporters with new opportunities to engage and invest in the Slime Universe. About Slime Miner Slime Miner is a top-ranked Web3 idle mining RPG with over 13M players and the No.1 title on the LINE platform. Built on Kaia Chain, the game combines casual fun with real rewards through NFTs, seasonal airdrops, and multichain expansion. Now heading to Google Play, App Store, and TON — Slime Miner is more than a game, it's the start of a decentralized Web3 universe. Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
