ST3 To Include Colossal Taxing Package; Massive Expansion
On Thursday, Dow Constantine, Sound Transit Board Chair presented the list of proposed ST3 projects and funding mechanism saying, "We go big!... The proposal I'm bringing forward is a 25 year program." The draft proposal, if approved by the voters and if built out as planned, would make the rail system on a par with that in the Bay Area and twice as large as the one in Atlanta.
ST3 will complete the core system with Bus Rapid Transit (BRT) on I-405 from Lynnwood to Burien, as well as additional Sounder service and many light rail connections including Issaquah, Redmond, Everett, Ballard, West Seattle and Tacoma.
The $50 Billion 25 year financing plan includes:
- $17 Billion in Sales Taxes
- $7 Billion in Motor Vehicle Excise Taxes
- $3 Billion in Property Taxes
Sound Transit's plans do not include transportation on the Cross Kirkland Corridor.