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The ORCA card (standing for One Regional Card for All) is a contactless, stored-value smart card system for public transit in the Puget Sound region of Washington, United States. The card is valid on most transit systems in the Seattle metropolitan area , including Sound Transit , local bus agencies, Washington State Ferries , the King County ...
Sound Transit's primary revenue sources, sales tax and the motor vehicle excise tax, began to decline in late 2008 as a result of the ongoing economic recession. [175] By late 2010, the agency expected that it would have a shortfall of $3.9 billion (equivalent to $5.32 billion in 2023 dollars) [ 46 ] through the lifetime of the ST2 program ...
CT is publicly funded, financed through sales taxes, federal grants, and farebox revenue, with an annual operating budget of $231.6 million as of 2024. [7] In 2023, the system had a ridership of 7,133,700, or about 28,100 per weekday as of the third quarter of 2024, placing it fourth among transit agencies in the Puget Sound region.
The vehicle sales tax is a tax imposed by city and state governments on the purchase of the car. The rate can vary from state to state and in some instances from county to county.
In November 2014, Seattle voters passed Proposition 1 with 59% support. It uses $45 million in new annual funds from a 0.1% sales tax raise and a $60 annual car-tab fee to add King County Metro bus service within the City of Seattle. [82]
[58]: 5 [59] The new taxes would consist of a 0.5 percent sales tax, a 0.8 percent motor vehicle excise tax, and a property tax of 25 cents per $1,000 in assessed value. While the sales tax and motor vehicle excise tax were used in previous transit expansions, the property tax was added to create a "more progressive revenue source". [60]
The city of Seattle made major improvements to the RapidRide C and D lines after their opening with funds generated by Proposition 1 (which increased sales tax by 0.1 percent and imposes a $60 annual car-tab fee). [7] The first improvements came in June 2015 when headways on the RapidRide C and D lines were improved.
(The Center Square) – Seattle voters have approved the largest tax proposal in city history, with revenue going toward transportation needs. Tuesday night results show the levy receiving 67% of ...