Cost of NS
$2.2B
lets say we beat out bunch of other cities and get the feds to pay for half $1.1B
now we need a local $1.1B + we need a local $1.23B (current operating shortfall for Metro over the next 30 years in the regions LONG Range plan) Feds will NOT participate in system expansion until a region can show it can financially operate the existing system
So now the local cost is $2.33B + what ever it will cost to operate NS over the next 30 years...$500m? we are looking at needing close to $3B in local funds to make NS happen
That is one STEEP hill to climb.
My math says from 2017-2047 a half cent sales tax in the City can bring in $800,000,000
if the County did the same thing, it would bring in an additional $3.1B over 30 years.....
but lets say they can do some magic and make the $1.23B operating shortfall disappear (it can be done)
in that Case a City 1/2 cent sales tax and a county 1/10 sales tax = $2.4B over the next 30 years....
$2.2B
lets say we beat out bunch of other cities and get the feds to pay for half $1.1B
now we need a local $1.1B + we need a local $1.23B (current operating shortfall for Metro over the next 30 years in the regions LONG Range plan) Feds will NOT participate in system expansion until a region can show it can financially operate the existing system
So now the local cost is $2.33B + what ever it will cost to operate NS over the next 30 years...$500m? we are looking at needing close to $3B in local funds to make NS happen
That is one STEEP hill to climb.
My math says from 2017-2047 a half cent sales tax in the City can bring in $800,000,000
if the County did the same thing, it would bring in an additional $3.1B over 30 years.....
but lets say they can do some magic and make the $1.23B operating shortfall disappear (it can be done)
in that Case a City 1/2 cent sales tax and a county 1/10 sales tax = $2.4B over the next 30 years....



