Sales tax increase proposed
Funds to assist transit projects
Metropolitan Transportation Authority has unveiled a plan to raise sales tax a half-cent in effort to raise $40 billion over the next 30 years. The funds would be distributed amongst rail, bus rapid, and highway transit projects.
Metro CEO Roger Snoble says, “The time is right for it. We’re either going to move forward and do something for ourselves, or we’re going to get dragged down in the quagmire of doing nothing.”
Board members like county Supervisor Gloria Molina are at odds regarding the tax hike, saying the increase is unfair to parts of LA.
Supervisor Michael Antonovich will propose a “Fair Share” ballot measure that would “require Metro to distribute any money generated by the sales tax evenly across the population.”
Other transit projects that are due to receive funding include the Westside subway corridor to Westwood, the Crenshaw Boulevard corridor, the Exposition Light rail line, and a plan to connect the Green line to LAX. Though the funding designated for these developments will not cover all of the costs, Metro will solicit funding from the state and federal governments to complete the projects.