Here are the preliminary calculations for Grant Allocations for Transit Money in the federal stimulus. The first thing that jumps to me is that this is about $25 million less than I thought we would get. Shows what I know. Our area is getting $124.7 million in “transit capital assistance”, $6.7 million in “fixed guideway infrastructure assistance” and the state is getting another $14.3 million, some of which could be spent in our area.
This stimulus bill is officially a major disappointment from the transit side, high-speed-rail grants notwithstanding. The formula that the FTA used gives $4.57 per person in urban areas over 1,000,000, but $8.42 per per person in urban areas under 200,000 and $5.89 in rural areas. If you look at $124.7 million in light of King Country Metro cutting $80 million in capital projects, and other agencies are in the same boat, it ends up basically being a wash compared to what would have happened if the economy hadn’t spun into collapse. There still are two “discretionary grants” that Seattle-area projects could qualify for, the $100 million in transit energy efficiency grants, and the $1.5 billion discretionary grants for all transportation projects. Let’s hope we get something out of them.