Post by pavel on Feb 18, 2016 7:14:14 GMT -6
MATA chief discusses privatization, county funding in interview
Memphis Area Transit Authority CEO Ron Garrison says he's considered privatizing MATA and has asked Shelby County for funding to help resolve a financial crisis.
Garrison covered those issues and a number of others in an interview Wednesday with the InforMemphis team of The Commercial Appeal.
Tuesday, Garrison told Memphis City Council members in a committee meeting that he needed $30 million in operating funds — about $7 million more than in the current fiscal year — and $5 million in capital funds to avoid "stark cuts" in bus routes and frequencies beginning in July.
MATA has used capital funds to pay operating expenses for years, leaving little money to replace its buses, he said.
Read more: www.commercialappeal.com/news/government/city/mata-chief-discusses-privatization-county-funding-in-interview-2bfb8acb-2607-4e2b-e053-0100007fea8b-369181671.html
Memphis Area Transit Authority CEO Ron Garrison says he's considered privatizing MATA and has asked Shelby County for funding to help resolve a financial crisis.
Garrison covered those issues and a number of others in an interview Wednesday with the InforMemphis team of The Commercial Appeal.
Tuesday, Garrison told Memphis City Council members in a committee meeting that he needed $30 million in operating funds — about $7 million more than in the current fiscal year — and $5 million in capital funds to avoid "stark cuts" in bus routes and frequencies beginning in July.
MATA has used capital funds to pay operating expenses for years, leaving little money to replace its buses, he said.
Read more: www.commercialappeal.com/news/government/city/mata-chief-discusses-privatization-county-funding-in-interview-2bfb8acb-2607-4e2b-e053-0100007fea8b-369181671.html