The Mayors Council on Regional Transportation has tabled five funding options for consideration by the province.
Council Chair and North Vancouver District Mayor Richard Walton says it includes what he calls a minor regional sales tax.
“We are probably only talking about you know point-one or point-two or point -three percent it may be as high as point five-percent but the amount of funds that the transit system could be supplied are significant with even a small portion compared with a variety of the other options that produce smaller amounts.”
Also included is a vehicl registration fee, carbon tax revenue, road pricing,and land value capture.
Walton says it is up to Transportation Minister Mary Polak now but he warns if the funding problem is not solved Translink will begin cutting services.
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