Bay Area Rapid Transit Agency General Manager Grace Crunican told a Commonwealth Club gathering in San Francisco Friday she’s proposing a $3 billion funding package to deal with critical infrastructure upgrade projects.BART had earlier indicated it would likely seek billions in new funding, but hadn’t disclosed a proposed amount.
She made the comment in a panel on the nationwide need for more federal investment on public transit, roads, highways, bridges and other key transportation-related infrastructure.
In a followup interview, Crunican told me that could mean a huge bond measure, going to San Francisco, Alameda and Contra Costa counties for more sale tax revenue or some other combination of funding sources. BART’s publicly elected board “is going to have to weigh the needs” and vote on a plan, she said.
Details haven’t been developed yet. A 3.4 percent fare increase is set to take effect Jan. 1, but won’t provide nearly enough to do the trick. Nor will other planned fare increases in coming years.
During the panel discussion, she joked that after making the $3 billion funding proposal to her board, she “might be a former general manager” at the Oakland-based transit system.
View the original content and more from this author here: http://ift.tt/1NmBq31
from critical infrastructure alliance http://ift.tt/1Hn6cKP
via IFTTT
No comments:
Post a Comment