Understanding the 1% Transportation Sales Tax Referendum: Key Facts and Implications for Voters

• Mecklenburg County voters will decide on a 1% sales tax for transportation in November.
• The tax aims to raise $19.4 billion over 30 years for transit, roads, and bus improvements.
• The sales tax rate would increase from 7.25% to 8.25%, costing households an average of $20 more per month.
• 40% of funds would go to rail projects, including the Red Line commuter rail.
• Another 40% would be allocated to road projects across Charlotte and surrounding towns.

Source: axios.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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