Description
Title: Transportation Funding Task Force Update
Summary
The Transportation Revenue Task Force was established under Seattle's 2024 Transportation Levy Proposal, initiated by Mayor Harrell to create a long-term transportation funding strategy. The Task Force aims to foster community and stakeholder consensus on transportation funding needs and to recommend policies to the Mayor and City Council. Key revenue sources include property tax, sales tax, vehicle excise tax, and congestion pricing. The City Council endorsed the Task Force's formation through Resolution 32137, emphasizing diverse membership and quick implementation of recommendations by 2027. Following the levy’s approval, approximately $1.5-2 million is allocated for Task Force-related costs. The Task Force will focus on critical infrastructure needs, such as sidewalks and bridges, with final recommendations expected by late 202