News & Observer | newsobserver.com | Charlotte transit held up as model

Published: Jan 12, 2008 12:30 AM
Modified: Jan 12, 2008 05:09 AM

Charlotte transit held up as model

Triangle urged to take similar path

 

Story Tools

WHERE'S THE MONEY?

If Triangle political leaders call for big improvements in transit service over the next 12 years, they will have to come up with new local funds to cover a big share of the cost.

Unless they cut spending for schools, public health or other current services, local officials will have to increase existing taxes or levy new ones to pay for transit. It isn't clear how much federal and state money will be available.

Here are some local revenue options. These examples are recent estimates, in 2007 dollars, of how much transit money Wake, Durham and Orange counties could raise in one year:

Sales tax by one-half cent$82.1 million

Vehicle registration feeby $5$5 million

Rental car tax by 5 percent$8.7 million

Real estate property tax by 0.05 percent$45.7 million

Vehicle property tax by 0.05 percent$5 million

Real estate transfer tax by 0.4 percent$57.8 million

Gas & diesel tax by 5 cents per gallon$31.9 million

Income tax by 0.25 percent$43.8 million

Higher rates would generate more money. More money would be generated if neighboring counties also levied transit taxes.

In some cases, counties would need authorization from the General Assembly to levy the new taxes.

REGIONAL TRANSPORTATION ALLIANCE

Advertisements
RALEIGH - The Triangle can afford to expand bus service and build new rail projects if local leaders make a "Charlotte level of effort," the head of a regional transit agency said Friday.

A new half-cent local sales tax could augment local and state transit funds to pay for 150 new buses in the next few years and launch more than $1 billion worth of capital projects by 2020, said David King, general manager of the Triangle Transit Authority.

King spoke to members of a three-county citizens panel that began rethinking the region's public transportation plans after the Federal Transit Administration pulled the plug on the TTA's 28-mile, $810 million regional rail project in 2006.

"We assume no federal help now," King said. "But even a 10 percent federal share of major new transit investment would change this dramatically and put us in position to be able to afford more."

Charlotte and Mecklenburg County have used a half-penny sales tax to enlarge their bus fleet and launch a 10-mile light-rail line that has served 12,000 riders a day since it opened in November.

King said a similar tax or its equivalent would produce about $82 million a year now in Wake, Durham and Orange counties, with revenues expected to grow about 5 percent per year.

Combined with the region's car rental tax and expected funding from the state, that money could give the Triangle about $2 billion by 2020 -- enough to buy 150 new buses, build $1.05 billion in new rail or other capital projects, and operate the expanded service, he said.

The Special Transit Advisory Commission will issue recommendations next month on where to provide new bus, train and streetcar service and how to pay for it. The three-county group met for seven hours Friday to begin narrowing choices. It plans two more meetings in the next seven weeks.

TTA's plan for a Raleigh-to-Durham rail link was low on the list of favorites at Friday's meeting.

Most members of the group favored a big expansion of regional bus service, unspecified "circulator" service for Research Triangle Park and Raleigh-Durham International Airport, and bigger investments at either end of the region:

* UNC-CHAPEL HILL TO DOWNTOWN DURHAM. Capital costs for electric-powered light-rail trains are estimated at $670 million to $810 million for the 16-mile route. The price tag would be lower -- $490 million to $600 million -- for curb-guided buses, which ride concrete tracks like trains and operate on city streets like other buses.

* DOWNTOWN RALEIGH TO DURANT ROAD IN NORTH RALEIGH. Self-propelled diesel rail cars would travel 10 miles north along former CSX tracks. Some members of the group would extend rail service all the way north to Wake Forest.

Included are few stops along the badly congested U.S. 1 and a big park-and-ride lot near Durant Road north of the I-540 Outer Loop. By 2035, planners say, 380,000 trips will begin and end in this corridor each day.

"That area needs immediate relief from congestion," said Durham lawyer Bo Glenn, one of the panel's vice chairmen. "And a majority of Triangle residents would see this as a positive first step."

Some members favored trains from downtown Raleigh to Cary. Capital costs for a 19-mile line from Cary to Durant Road are estimated at $620 million to $750 million.

Bill Cavanaugh of Raleigh, co-chairman of the 29-member transit committee, said a key part of the plan will be streetcars or other circulators for RTP and downtown work centers.

"You need them to move people around in small parts of the region and allow them to connect onto a major corridor that would take them all the way across the region," Cavanaugh said.

Get $150+ in coupons in every Sunday N&O. Click here for convenient home delivery.

No comments have been posted for this story. Log in to be the first to comment.
 

 

The News & Observer is pleased to be able to offer its users the opportunity to make comments and hold conversations online. However, the interactive nature of the internet makes it impracticable for our staff to monitor each and every posting.

Since The News & Observer does not control user submitted statements, we cannot promise that readers will not occasionally find offensive or inaccurate comments posted on our website. In addition, we remind anyone interested in making an online comment that responsibility for statements posted lies with the person submitting the comment, not The News and Observer.

If you find a comment offensive, clicking on the exclamation icon will flag the comment for review by the administrators, we are counting on the good judgment of all our readers to help us.

Print Ads View all ads from past 7 days »

Hosting Partners of
newsobserver.com

A subsidiary of The McClatchy Company