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MARTA Audit Reveals Bad Spending Habits

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Those who deride MARTA's financial situation have new fuel for the fire, given an auditing report released by KPMG. Although the transit agency's taken steps to reduce costs (freezing pay, eliminating positions, and laying off 400 employees), it won't be enough to cover a $114M shortfall predicted for 2016. An area that needs improvement: employee benefits, which account for an estimated $50M worth of overspending. The most embarrassing tidbit is probably the fact that employee absenteeism has been costing MARTA upwards of $11M a year. Outsourcing, new fees, and selling advertising rights are offered as possible remedies - who's ready for Coca-Cola Station?

· Audit: MARTA spends $50M too much, should privatize some functions [AJC]