Quote:
Originally Posted by electricron
Is there any requirements in Proposition A on what the revenues it collects must be spent upon?
Take the existing penny sales tax going to CapMetro, for years 25% of the transit revenues was transferred to the city to spend on road path improvements. Was any bus only lanes "added" to any of the city streets? Or were existing lanes "striped" using paint into bus only lanes? Where or where did that 25% go?
Is Proposition A funds going to be spent on transit only projects, or is it just another tax grab for the city? All those years the city misappropriated 25% of CapMetro's funds, CapMetro could have been just charging 3/4 of a cent sales tax.
Vote for or against as you feel inclined, just be aware of what the city did the last time a tax for increased transit occurred.
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Are you talking about when cap metro was only collecting 75 cents? That's not the same thing as collecting 1 dollar and transferring to the city. It was very clear who was getting what money. These funds will be managed by an apolitical board and legally tied to what is in Prop A.
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