CARTA ended 2025 nearly $500,000 in the hole, halfway through the agency’s fiscal year.
The revelation came from the Chattanooga Area Regional Transportation Authority’s January board meeting.
“It’s catastrophic,” said Johan de Nysschen, CARTA board chair. “If we are halfway through the year and we are half a million dollars down the tubes, I don’t know how you fix a trend like that this quickly.”
(SIGN UP: Get Business news from the Times Free Press in your inbox five days a week by going to timesfreepress.com/business)
SUBSCRIBERS ONLY
This article is for subscribers
An active subscription is required to read this article. Subscribe for full access — or sign in if you already subscribe.
OUT OF FREE ARTICLES
You've used your free articles
You've read all of your free articles for now. Subscribe for unlimited access to every story.