TriMet is sounding the alarm over an impending budget deficit that could lead to reduced services if the Oregon Legislature fails to increase the statewide transit tax. As part of the Oregon Transit Association, TriMet is advocating for an increase in the payroll tax associated with the Statewide Transportation Improvement Fund, proposing to raise it to 0.4% over an eight-year period. Current discussions among lawmakers, however, are centered around a much smaller increase of only 0.08%, which may not adequately address the funding needs required to sustain transit operations.
TriMet warns of service cuts if the Oregon Legislature does not increase the statewide transit tax, while advocating for a larger payroll tax increase.
The Oregon Transit Association calls for a gradual increase of the payroll tax to 0.4% over eight years to address budget deficits.
Legislators are currently deliberating a smaller increase of 0.08%, which may not suffice to meet transit funding needs.
Without increased funding, TriMet faces a looming budget deficit that could significantly impact public transit services across the region.
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