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55 <br /> Orange County Transit Plan March 2017 Revision 2 <br /> Executive Summary of this plan have not changed from the original plan. They <br /> Over several decades, the Triangle has been one of the fastest <br /> remain: <br /> growing metropolitan regions in the United States, and this . Improving overall mobility and transportation options <br /> growth remains strong. Each day, 20 new residents call Durham . Providing geographic equity <br /> and Orange County home, while Wake County adds over 60 . Supporting improved capital facilities <br /> new residents daily. This growth brings challenges and <br /> opportunity for both how our communities develop and how Encouraging transit-supportive land use <br /> we get around. This region is what it is today because of 0 Providing positive impacts on air quality <br /> numerous strategic decisions—the siting of the State Capitol in There are four dedicated revenue streams used to fund the <br /> Raleigh, the creation of the first public university in the United local share of projects and services in this Plan, referred to <br /> States in Chapel Hill, the construction of the North Carolina throughout the Plan as Tax District Revenues. These revenues <br /> Railroad through Durham, and the decision to build a research are collected in both Durham and Orange Counties; the <br /> center amid these communities that has grown into a globally revenues governed by this Plan are those collected in Orange <br /> recognized center of science and technology. County. These four dedicated Tax District Revenue streams are <br /> Built to complement each other, the transit plans of Durham, as follows: <br /> Orange, and Wake counties are the expression of the region's . Article 43: Half-Cent Sales and Use Tax <br /> next strategic decision: that exceptional public transportation . Article 50: Five-Percent Vehicle Rental Tax <br /> can bring all of our communities together in a way that . Article 51: Three-Dollar increase to GoTriangle Regional <br /> accelerates economic growth, expands travel choices beyond <br /> increasingly congested roadways, enhances job access and Vehicle Registration Fee <br /> opportunity for residents across the income spectrum, and • Article 52: Seven Dollar County Vehicle Registration Fee <br /> helps preserve our natural resources by focusing growth more Many of the projects and services in this Plan will be funded <br /> in transit corridors and less near environmentally sensitive through a combination of Tax District Revenues and otherfunds <br /> areas. including farebox revenues, state funds, and federal funds. <br /> The 2017 Orange County Transit Plan updates the 2012 Bus and Using these various funding sources, this Plan strives to <br /> Rail Investment Plan adopted by the governing boards of equitably meet the transportation needs and goals of Orange <br /> Orange County,the Durham-Chapel Hill-Carrboro Metropolitan County. <br /> Planning Organization (DCHC MPO), and GoTriangle. The goals <br /> Draft Document Public Review April 10, 2017 revision Page 1 of 49 <br />