CATS has enough money...for now

CATS has enough money...for now
Friday, August 19, 2011 - 5:09pm

The East Baton Rouge Mortgage Finance Authority has finally approved a $500,000 grant for CATS.

This helps close the bus system's $1.5 million shortfall. CATS CEO Brian Marshall says keeping the bus system running  is key to keeping the Capital CIty moving.

Marshall says CATS still hasn't found a dedicated revenue source for next year. He says with a projected deficit of around $2 million, the bus system will run out of money by August 2012 if no money is found.

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