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Assumption 3 <br />Supporting Bus Operations <br />• Use a portion of the vehicle registration fee <br />funds to support the increasing cost of <br />existing operations; <br />• Cap the amount at a certain level; and <br />• Capped amount is not to exceed the total <br />annual amount generated by the vehicle <br />registration fee ($I. l M). <br />• Fare system <br />Assumption 4 <br />Phased in Local Contribution <br />New Bus Service <br />Year 1 <br />Year 2 <br />Year 3 <br />Thereafter <br />Sales tax Local <br />100% 0% <br />75% 25% <br />50% 50% <br />50% 50% <br />13 <br />