The Charlotte Area Transit System had been relying on sales tax revenues to fund the project, but receipts were lower than officials had anticipated, prompting them to consider a project delay of up to six years.
"CATS had projected the half-cent transit sales tax would generate $76 million in fiscal year 2009. Instead, it only produced $62 million.
'If the sales tax recovers, we can revise this,' said CATS interim chief executive John Muth. 'I'm not saying the schedule is 2019. But we've had to revise it a little bit.'
If sales tax revenue recovers, the line could open in 2016."
Thanks to Reconnecting America