MEMPHIS, Tenn. (localmemphis.com) – Shelby County Mayor Lee Harris presented his funding plan for the future of transit to the Shelby County Commission Wednesday morning.
The proposed sustainability fee for third vehicles will generate at least $10 million in new funding for MATA by implementing a fee of $145 for three or more vehicles.
According to Harris, the investment will not affect 83% of residents. There will be no increase in taxes.
Harris says the proposal will have a big impact on transit, poverty and our shared environment. With a dedicated investment of at least $10 million, there will be an economic impact of more than $40 million as a result of expanded job access and reduced car crashes, help people get to a job and keep a job and it would increase ridership, therefore reducing emissions by thousands of metric tons.
“Everyone has to play a role in trying to preserve our shared environment, even local elected officials,” says Mayor Harris. “We will all enjoy the benefits of clean air, reduced congestion, and a reduction in poverty. This sustainable investment in transit helps achieve all those objectives.”
“This landmark plan will dramatically change the trajectory of funding for public transit in this community,” says Gary Rosenfeld, CEO of MATA. “An investment of this magnitude provides more opportunities for people to get to work and school and overall improve their quality of life.”
The administration is seeking a Commission vote on an investment in transit and a transit plan by February 2020.