Sound Transit Board seeks public input on managing revenue i

Sound Transit Board seeks public input on managing revenue impacts, program realignment for future voter-approved projects


Sound Transit Board seeks public input on managing revenue impacts, program realignment for future voter-approved projects
Posted: April 13, 2021
24
Through April 30, regional residents are encouraged to provide input to the Sound Transit Board of Directors on priorities for managing what the agency called “an unprecedented financial environment in its work to advance voter-approved transit projects that are not already under construction.”
Sound Transit said it faces two major, simultaneous challenges. A pandemic-driven recession has severely reduced consumer spending and agency tax revenues at the same time that real estate and construction market pressures continue to drive project estimates to levels significantly beyond previous assumptions. As a result, the agency faces a currently projected $11.5 billion “affordability gap” to complete the full expansion program as originally planned through the Sound Transit 3 ballot measure approved by voters.

Related Keywords

Vietnam , Republic Of , China , Russia , Spain , Spanish , Chinese , Russian , Vietnamese , , University Place City Councilmember Kent Keel , Through April , Sound Transit Board , Sound Transit , Snohomish County , Everett Link , Mukilteo Sounder , Federal Way , Puyallup Sounder , Sound Transit Board Chair , University Place City Councilmember Kent , Traditional Chinese , வியட்நாம் , குடியரசு ஆஃப் , சீனா , ரஷ்யா , ஸ்பெயின் , ஸ்பானிஷ் , சீன , ரஷ்ய , வியட்நாமிய , மூலம் ஏப்ரல் , ஒலி போக்குவரத்து பலகை , ஒலி போக்குவரத்து , ஸ்னோஹோமிஷ் கவுண்டி , எவரெட் இணைப்பு , கூட்டாட்சியின் வழி , ஒலி போக்குவரத்து பலகை நாற்காலி , பாரம்பரிய சீன ,

© 2025 Vimarsana