Maricopa Association of Governments, Arizona Department of Transportation and Valley Metro are holding a public presentation Tuesday to get feedback on proposed changes to a 20-year regional transportation plan to close a $6.6 billion highway funding gap. The changes would affect freeway and transit projects, using money from a voter-approved half-cent sales tax.
But with sales tax revenues dipping, the MAG Transportation Policy Committee is going to look at changing planning as originally approved by Maricopa County voters back in 2004, when the half-cent sales tax to fund transit and freeway construction was extended by 20 years. The tax was first initiated in 1985.
When voters approved the extension in 2004, authorities had estimated the tax would raise $9 billion over 20 years, between 2005 and 2025.
For more information, visit: http://www.mag.maricopa.gov/detail.cms?item=10774