Due to the dramatic recession-driven drop in sales tax revenues, Metro Transit is facing a $60 million annual deficit between revenues and the cost of providing current levels of transit service. To close this budget shortfall, King County has a choice of cutting 17 percent of transit service—taking the system back to 1996 service levels—or preserving current service levels by enacting a $20 congestion reduction charge on vehicles in King County.
The Metropolitan King County Council’s Transportation, Economy and Environment Committee will host three special evening hearings to hear public testimony on the proposed transit service reduction and the Metro Transit budget crisis. These meetings are an opportunity for you to learn about the proposals and weigh in on the future of Metro transit.
The meetings will be held in Kirkland, Seattle and Burien:
Date Location
Wednesday, July 6, 6:00 p.m. Kirkland City Council Chambers
123 Fifth Avenue
Tuesday, July 12, 6:00 p.m. King County Council Chambers
516 Third Avenue, 10th Floor, Seattle
Thursday, July 21, 6:00 p.m. Burien City Council Chambers
400 S.W. 152nd Street
In the past two years, Metro Transit has transformed its operations to hold off these cuts and wrench every available dollar out of the agency for service, including:
Achieving new scheduling efficiencies;
Eliminating more than 100 staff positions; deferring planned service expansion;
Reducing operating reserves; and reducing its capital program.
In addition, riders are sharing the pain: since 2007, Metro has raised fares four times, an increase of 80 percent. Metro's employees were also part of the solution: negotiating cost-cutting labor agreements that will reduce Metro's costs by $17 million per year.
Despite these fare increases, budget reductions, and operational efficiencies, it is not enough to cover the anticipated shortfall and we are now nearly out of tools to save our system. The savings and efficiencies created by Metro over the past few years save approximately $147 million per year, but the drop in sales tax revenues means Metro still faces an operating shortfall of $60 million a year each year from 2012 through 2015.
The State Legislature authorized a tool that is available to King County to help maintain Metro service at its current level: a temporary $20 Congestion Reduction Charge on vehicle licenses for a two–year period ending in mid-2014. County Executive Constantine has sent that proposal to the County Council as well as two other pieces of legislation:
An ordinance approving a Congestion Reduction Plan, a prerequisite for Council action on a Congestion Reduction Charge.
An ordinance cutting 100,000 hours of Metro bus service effective February 2012 and directing Metro to plan for reducing bus service by an additional 500,000 service hours in the 2012-2013 budget.
Metro Transit service is critical to the economy of King County, providing approximately 110 million rides annually, taking hundreds of thousands of cars off the road each day, and helping people get to and from some of the largest employment and activity centers in our state. More information about Metro’s financial crisis and the Congestion Reduction Charge is available at this link.
http://metro.kingcounty.gov/am/future/index.html