File #: 2014-0272    Version:
Type: Ordinance Status: Passed
File created: 6/30/2014 In control: Transportation, Economy, and Environment Committee
On agenda: Final action: 7/21/2014
Enactment date: 7/31/2014 Enactment #: 17848
Title: AN ORDINANCE relating to transit service reductions.
Sponsors: Rod Dembowski, Jane Hague, Reagan Dunn, Kathy Lambert, Pete von Reichbauer
Attachments: 1. 17848.pdf, 2. A. September 2014 Public Transportation Service Change for King County, 3. A. September 2014 Public Transportation Service Change for King County, 4. 2014-0272 - Amendment S1.docx, 5. 2014-0272 - amendment 1A.docx, 6. 17848 Amendment 1 - 7-21-14.pdf
Staff: Resha, John
AN ORDINANCE relating to transit service reductions.
1. The Metro transit system is funded mainly by sales tax, and due to the inherently unstable and variable nature of that funding source, the amount of operating funds available from that source varies with the health of the economy. The devasting economic downturn that started in 2008 and the resulting drastic decline in sales tax revenues caused a projected shortfall in the transit division's operating funds of about $1.2 billion for the years 2009 through 2015 compared to long-range expected revenues in the financial plan.
2. Following recommendations from the King County auditor and commencing in 2009, the transit division has undertaken a series of significant actions to address the revenue shortfall, including increasing system-wide operating efficiencies, using one-time reserve funds, eliminating staff positions, reducing capital programs, raising fares, negotiating labor savings with employees, eliminating many lower-performing bus routes and reinvesting service hours in higher-performing routes and generating new revenue, resulting in $798 million in combined cost savings and revenue enhancements, with a net annual, ongoing positive impact to the division's budget of approximately $148 million. Although the worst of the Great Recession has passed and sales tax revenue is currently increasing, being $31 million above projections for 2014 and $31 million above projections in 2015, the economy has not recovered enough to generate the sustained sales tax revenues needed to operate the size of the system and as it is currently structured.
3. In 2010, the regional transit task force unanimously recommended a comprehensive policy framework for an efficient and effective transit system, balancing productivity with geographic and social equity, resulting in the adoption of the Strategic Plan for Public Transportation 2011-2021 and the King County Metro Service Guideli...

Click here for full text