Murray, SDOT propose new levy to fund Move Seattle effort

Image
-
0Comments

As part of Seattle Mayor Ed Murray’s Move Seattle vision, Murray and Seattle Department of Transportation (SDOT) Director Scott Kubly recently released a draft proposal for a new levy called the Transportation Levy to Move Seattle.

Move Seattle is Murray’s 10-year transportation vision that integrates SDOT’s plans for transit, walking, biking and freight. The basis of the program is to create a transportation system that contributes to a safe, interconnected, vibrant, affordable and innovative city.

The proposed $900 million levy would replace an existing levy that expires at the end of this year. The expiring levy, created in 2006, is a nine-year $365 million transportation levy known as Bridging the Gap. For the past eight years, this levy has provided almost 25 percent of SDOT’s funding.

The Transportation Levy to Move Seattle would be paid for through a property tax that would cost a median Seattle household approximately $275 per year for nine years. The expiring Bridging the Gap levy costs a median Seattle household approximately $130 per year.

Throughout March, SDOT sought public feedback on the draft Transportation Levy to Move Seattle proposal and will continue to do so throughout April.

In May, after considering public feedback, the mayor will submit the proposal to the Seattle City Council, which will need to submit the proposal to King County by early August for it to be on the ballot in November.



Related

COLORADO DEPARTMENT OF TRANSPORTATION: State Patrol vehicle turned PSA for National Child Passenger Safety Week

COLORADO DEPARTMENT OF TRANSPORTATION: State Patrol vehicle turned PSA for National Child Passenger Safety Week

Before putting their hands in the stingray pool at the Downtown Aquarium, Denver families were encouraged to put their painted handprints on a Colorado State Patrol vehicle in the name of car seat safety.

Shutterstock

DELAWARE RIVER AND BAY AUTHORITY: S&P Global Ratings, Moody’s Reaffirm DRBA Bond Ratings; DRBA to Issue $180 Million Series 2019 Revenue Bonds

Today, Delaware River and Bay Authority (DRBA) officials announced that independent credit agencies, S&P Global Ratings (S&P) and Moody’s Investors Service (Moody’s), affirmed the bi-state agency’s bond ratings of ‘A’ and ‘A1’ respectively on both the DRBA’s long-term underlying rating (SPUR) on revenue bonds outstanding and the proposed $180 million Series 2019 Revenue Bonds.

DALLAS/FORT WORTH INTERNATIONAL AIRPORT: Founders’ Plaza will close for enhancements

DALLAS/FORT WORTH INTERNATIONAL AIRPORT: Founders’ Plaza will close for enhancements

Founders’ Plaza at DFW International Airport will close for a short period on September 16th through September 30th for enhancements, to better serve our community.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from TI News Daily.