Posted: Jun 13, 2011 8:35 AM by Lauren Wilson & AP
BATON ROUGE, La. (AP) - The CEO of the East Baton Rouge Parish bus system says he's "very confident" that enough money will be found to ensure the Capital Area Transit System gets through the remainder of the year without having to shut down.
Brian Marshall tells The Advocate money provided by an unidentified "private group" and a "one-time source fund" is expected to make up the majority of the bus system's budget deficit this year.
Another private donor and a potential state grant are other funding sources being pursued to plug up the remainder of the hole.
The CATS's budget deficit of $1.2 million has grown to $1.4 million in recent months because of climbing gas prices.