Monday, September 12, 2011

The transit funding discussion continues in Metro Vancouver

A recent article in the Globe and Mail titled "Transit advocates launch campaign for property-tax hike" adds to the hitherto highly mixed discussion regarding funding for TransLink, the regional transportation authority for Metro Vancouver.

The article makes reference to a group in Vancouver called the Sustainable Transportation Coalition:

"An influential group of planners, architects, and environmentalists is launching a campaign this week to persuade hesitant Metro Vancouver mayors to commit to property-tax increases in order to kick-start a plan for massive transit expansion."

The group favours a hike in property taxes to pay for transit, but they have also echoed support for using revenues from the carbon tax and road pricing as well. Here is some information about the funding plan that is going to be voted on within the next month among the 22 mayors in Metro Vancouver:

"The plan, which is a supplement to TransLink’s basic operating budget, would raise $700-million over 10 years. That would provide TransLink’s share for the long-delayed Evergreen Line in the northeast. It would also provide another $300-million for other major improvements, including a bus on King George in Surrey, a Highway 1 express bus for Langley commuters, and an extra SeaBus for the North Shore".

Whichever funding alternatives gets the green light, this will be a momentous decision for transit in Metro Vancouver for the future.

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