AATA Approves Annual State Aid Application

At its Feb. 16, 2012 meeting, the Ann Arbor Transportation Authority board approved its annual resolution authorizing its CEO to apply for aid from the state of Michigan under Act 51 to provide transportation services. The resolution passed by the board cites AATA’s current year’s estimated revenue budget of “estimated federal funds $3,023,440, estimated state funds $10,988,677, estimated local funds $12,673,833, estimated fare box $6,552,000, estimated other funds $151,000, with total estimated expenses of $33,388,950.”

The budget amounts reflect the maximum that the AATA might use, provided it moves forward with elements of its transit master plan, which calls for expanded service.

This brief was filed from the fourth-floor boardroom of the downtown Ann Arbor District Library, 343 S. Fifth Ave, where the AATA board holds its meetings. A more detailed report will follow: [link]