Next Thursday Transportation Choices Coalition (TCC) in coordination with a variety of other transportation and land use advocacy groups is hosting a day-long conference focused on transportation funding. The various panel discussions will focus the new funding environment created by MAP-21, local and regional funding in the Puget Sound region, what future funding might look like, and how to get Washington State to invest more. Full agenda here.

TCC asks that you RSVP by this Friday here.

7 Replies to “Thinking Outside the Farebox: Creative Approaches to Financing Transit Projects”

  1. Ugh . . . we’ve got the system in place. More sales taxes, more long term bonding, more car tab taxes. That’s the winning formula. We don’t need to change horses mid-stream. Everybody’s on board now, no new “bright ideas”!

  2. Typical transit proponents: thinking OUTSIDE the farebox to pay for transit.

    In other words: “How do we get other people to pay for out transportation, so we don’t have to pay our own way?”

    1. Good point. Perhaps we should organize another workshop: “Thinking Inside the Tollbooth: Financing Our Own Local Streets.”

  3. I don’t know about getting ‘someone else’ to pay for transit, but, as driver and a homeowner, I wouldn’t mind a L.I.D. or specific use property assessment to help pay for transit.

    It would require a specific proposal with area impacted and services to be provided specifically defined, and would have a specific amount; not for maintenance, but construction/equipment acquisition.
    Maybe as incentive for the assessments, there could be a duration of assessment ‘free’ Orca card issued to the assessed property. Some accounting pros can work with the spreadsheets.
    No one is going to pay total cost to the farebox just to keep the transit monies ‘pure’.

    IMO, the transit is for the betterment of the city/area as a whole, and all residents therein should participate in it’s provision. It’s part of the cost of living with others. The property assessment would help include those who do not use the farebox, but it would probably be tax deductible, for those who use deductions.

    Yeah, not that creative, but at least my spirit is with transit.

  4. Every BUILDING has a transportation impact. A moderate tax on every assessable structure statewide would bring real stable revenue for transportation/transit. Perhaps also changing the tabs fee from annual to quarterly. 30 to 120 per year.

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