Q: What will happen if the transit tax is repealed?
A: Eliminating the transit tax will have significant and far-reaching effects on many different elements of our quality of life. First, very difficult decisions will need to be made about what to do with our existing, improved transit system. Existing routes may be dramatically reduced and future high capacity transit eliminated.
Transit will have to be funded from other sources, for example, through increased property taxes.
Many planned projects will have to be scrapped for lack of funding. Services currently provided through General Fund resource may need to be cut in order to transfer monies to help pay for transit.
We would lose a valuable tool in our efforts to reduce congestion and improve air quality, and repeal would jeopardize the City’s AAA credit rating, making it difficult for the city to issue bonds.
The City would take a huge step back in its ability to grow economically and to favorably compete with other peer cities.
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Support the Charlotte Transit Tax and Vote Against the Repeal Part 4 | nun bet // Oct 23, 2007 at 2:37 pm
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