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Committee backs change to transportation surcharge program to shore up fund for wheelchair-accessible rides
Summary
The Transportation and Environment Committee recommended approval of Executive Regulation 18-24, which trims several reimbursements paid from the Transportation Services Improvement Fund to preserve the fund balance used for wheelchair-accessible taxi service and other subsidized trips.
The Montgomery County Council Transportation and Environment Committee voted by unanimous consent March 24 to recommend approval of Executive Regulation 18-24, a set of changes to the Transportation Services Improvement Fund (TSIF) intended to stabilize the fund’s finances.
The regulation updates how the 25¢ per-ride surcharge on transportation network company trips is spent, trimming certain reimbursements and aligning payouts with confirmed passenger service. Committee Chair Glass and staff said the changes are designed to prevent the fund from becoming insolvent while keeping services for seniors, people with disabilities and low-income residents.
Council staff presented the financial rationale for the changes, saying the TSIF — funded entirely by the 25¢ surcharge on TNC trips — had been drawing down its accumulated balance and, without changes, was projected to reach a negative $8,000,000 by fiscal year 2030. Staff said pre-pandemic annual revenues were about $2,400,000 and are now trending roughly 10% below that level…
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