Bruce Gaarder said: "It was suggested that transit funding comes from unstable sources. I haven't looked recently, but in 1999, it was stated in the financial part of the lrt request to the feds that property tax revenues were 39% of the budget, fares were 36%, and other state funds were 16%, with other sources being 9%. Property taxes certainly aren't unstable." That was 1999. Transit funding has changed since then. Transit funding in 2004 was based upon the Motor Vehicle Sales Tax (43.6%), the State General Fund (19.7%), Fares (23.3%), the Feds (8.2%) and some other sources (5.2%). I'm getting my information from the Transportation Policy Plan btw. You're right, property taxes are indeed a more stable way to collect taxes. But the MVST is not a stable way. I can't imagine how hard it is to deliver transit service when you're depending on revenue from the sales of cars. -Thatcher Imboden CARAG REMINDERS: 1. Be civil! Please read the NEW RULES at http://www.e-democracy.org/rules. If you think a member is in violation, contact the list manager at [EMAIL PROTECTED] before continuing it on the list.
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