CATS honcho John Muth gave a presentation to the Charlotte-Mecklenburg Planning Commission on Monday, detailing the most recent projections for budget cuts by the Charlotte Area Transit System. Here’s a link to a pdf version of his PowerPoint.
If you went to the December Metropolitan Transit Commission meeting (of course you did, and it was the highlight of your holiday season) you’ve already seen Muth’s PowerPoint presentation. But for the rest of us it was a good summation of what they’re looking at.
Note in particular the graph on slide 3, showing the old 10-year projections of transit sales tax income, and the new 10-year projection, based on the most recent few months. Ouch!
Note also, on slide 7, that CATS has submitted $295 million in requests for funding from the Obama stimulus bill. Muth pointed out it’s highly unlikely CATS will get $295 million. But if you never ask …