With early voting beginning this week, Wake County voters will have a chance to decide on a $2.3 Billion transit plan to relieve congestion and dramatically improve public transportation over the next decade. Here are five fast facts about the initiative from the good folks at Moving Wake County Forward:
#1 – Wake County grows by 64 people every day. A modern, public transportation system that reduces traffic congestion will grow the economy and provide new and better transportation options for everyone.
# 2 – All towns will have new or expanded express bus service, and several communities will have commuter rail access as well. Some towns have no bus service today. Wake County Commissioner Sig Hutchinson tells Policy Watch the plan will be ‘transformational.’
#3 – 50% of all homes and 70% of all jobs will be within 1/2 mile of a transit stop.
#4 – The 10-year plan is conservatively projected to cost $2.3 billion. The Wake County portion is around 50% of total costs; the federal portion is about 25%, with the balance coming from debt financing, farebox revenue, and other sources.
Can’t attend, but want to know more? Listen to Chris Fitzsimon’s full podcast with Commissioner Sig Hutchinson and Wake Up Wake County’s Karen Rindge.