And the numbers... The cost was reduced from 1.1 billion to 494 million by eliminating some grade separations and using the signalling instead to let it bypass intersections.
Quote from the article:
$494 million: The total cost of the proposed bus-rapid transit system connecting Kennesaw to Midtown
$242 million would come from U.S. DOT Federal Transit Administration
$152 million would come from ‘other sources,’ such as additional federal grants, Cobb’s cities and universities, community improvement district funds, naming rights revenue, potential public-private partnerships, and private organizations.
$100 million would come from Cobb County
Read more:
The Marietta Daily Journal - Lee Proposed BRT system might be funded by SPLOST