6-10
11-25
Total
North
34
79
106
$219*
University
65
13
36
$114
Independence
32
33
61
$126
South
26
95
106
$227
Airport
18
19
37
$74
Total
$175
$239
$346
$760
When capital costs are combined with costs for operations, maintenance and other expenditures for all the corridors and countywide transit improvements, the total is $1,085 million over 25 years (including the operations and maintenance cost for non-corridor improvements). This represents an annual average total cost of about $43 million (see table 2).
Funding for this plan would come from a combination of local, state and federal funding, though not all elements will be funded by all sources. Mecklenburg County had received state legislature approval to call for a referendum in November for a half-cent sales tax dedicated to transit. This transit tax was approved with a 58% yes vote. This is one source of local funding that could help leverage additional state and federal funding.
Benefits versus Costs
By making the Centers and Corridors P
