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Task force debates TDA reform and revenue options; members approve directing funds to transit in most cases
Summary
Staff presented scenarios for operating and capital needs and a menu of revenue options. After debate the task force approved several process changes for TDA reform and voted to require that Local Transportation Funds be spent on transit except where no transit exists.
Staff presented updated analysis of likely operating and capital costs for transit over the next decade, and a menu of potential revenue sources. The operating scenarios showed wide variance depending on assumptions about service levels and unit costs; staff presented illustrative capital scenarios that ranged from roughly $3.6 billion to more than $11 billion per year in 2035 depending on assumptions about fleet electrification and program scale.
The staff memo set out near‑, mid‑ and long‑term frames for action: near‑term stabilization to avoid immediate service cuts; mid‑term revenue and program changes to support a ‘‘transit transformation’’ of more service and higher reliability; and long‑term…
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