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Task Force opens wide-ranging debate on revenue options to avert transit fiscal cliff
Summary
Members canvassed potential revenue mechanisms—payroll taxes, high‑income surtaxes, corporate transit fees, road‑user charges, tourism levies, TDA increases and expanded GGRF allocations—and asked staff to return with scenario estimates of likely revenue envelopes and timing.
The meeting devoted a sustained session to funding options after staff framed the 10‑year fiscal uncertainties: continued federal reauthorization cycles, declining fuel‑tax receipts as electric vehicle adoption grows (the LAO projects a 2030 peak), and the limited near‑term contribution expected from value capture. Hunter Hohens asked members to prioritize proposals to be modeled in scenario work.
Members proposed and…
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