Posted: Apr 23, 2012 5:53 PM by Michael Shingleton
Updated: Apr 23, 2012 5:53 PM
BATON ROUGE - The majority of the East Baton Rouge Parish Metro Council said it will pull funding from the Capital Area Transit System starting in 2013.
CATS CEO Brian Marshall said the annual operating budget for the transit system is roughly $12 million, and $3 million of that comes from the city's general fund.
After Saturday's vote CATS leaders expect to more than double their budget, generating an additional $17 million in property tax revenue annually for the next ten years. That figure is more than $2 million lower than what CATS anticipated prior to Saturday.
Marshall said nearly $30 million was the original estimate, but the system could be $7 million short of that projection since Zachary voted the property tax down and the Metro Council may pull their funding.
All members of the Council except Bones Addison said they would vote to re-allocate $3 million toward other projects like crime, economic development and summertime youth programs. Chandler Loupe was unavailable for comment. Addison said he wanted to assess CATS' situation before pulling the funding.