Local residents may have the opportunity to vote for a penny sales tax increase this year in an effort to mitigate the county’s excessive traffic and gridlock. According to the Broward Metropolitan Planning Organization, funding transportation and infrastructure has become increasingly difficult in the past few years. Public revenues supportive of transportation improvements have declined.
“If the Broward region is to have a transportation system and the essence infrastructure to sustain its current residents and seasonal population, as well as attract business, the region will need to look inward for future funding,” stresses the Broward Metropolitan Planning Organization (MPO).
This year the Broward commission is taking steps towards a November 2016 referendum that would establish an additional local funding source using a one cent sales tax. This one cent would generate $316 million in the first full year and $3.5 billion over 10 years, according to the MPO.
A plan for how these funds would be used has not been developed yet, but the County Commission is starting the process and is seeking support from the cities.
During the Feb. 16 workshop, most of the Broward Commission members said they were open to asking voters if they want to increase the sales tax from 6 to 7 cents to pay for more public transportation.
There is concern that there will be more gridlock if more support is not provided.
If you have questions about any of this information, please contact Paul Calvaresi at 954-876-0037 or email@example.com.
LOCAL FUNDING OPTIONS FACT SHEET