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1 04 4�unding. <br /> W I JrA I nded it transit - tax <br /> 7 A half-cent sales and use tax <br /> r, <br /> • levied by Orange County and <br /> used to improve or enhance the <br /> county's transit service. <br /> This section describes the collection and allocation of transit funding, including the <br /> assumptions used to estimate expenses, costs, and revenues. <br /> here are four dedicated revenue streams used to fund the local <br /> share of projects and services in this plan, referred to as Tax District INFO transit for <br /> Revenues. The revenues governed by this Plan are those collected EXPRESS morepeople <br /> in Orange County.These four dedicated Tax District Revenue streams are or • <br /> as follows: places? <br /> • Article 43: Half-Cent Sales and Use Tax <br /> • Article 50: Five-Percent Vehicle Rental Tax Transit planning <br /> • Article 51:Three-Dollar increase to GoTriangle Regional BUS STOP requires balancing <br /> • Vehicle Registration Fee community's transit <br /> • Article 52: Seven-Dollar County Vehicle Registration Fee needs and objectives <br /> The projects and services described in this plan update are primarily with the limited funding available. <br /> funded through these Tax District Revenues, with a small amount of Equitably meeting transit needs <br /> funding for capital projects coming from federal sources. Because this objectives <br /> is an update, the projects and services described within supplement morechallenging <br /> [are in addition to] the program of projects and services to the 2012communitiesOrange ' <br /> Orange County Bus and Rail Investment Plan and the 2017 Orange County where coverage needs are greater and <br /> Transit Plan, with the exception of programmed expenses related to the potential ri•' ' is lowerparts <br /> discontinued D-O LRT project. of _ county. <br /> -R M M A;r%em C! F I-�--�-,,-�- While trade-offs and decisions must <br /> In 2012, Orange County voters approved a half-cent sales tax supporting be made, transit planning is • <br /> t a zero <br /> transit funding (Article 43]. A regional transportation public authority, sum exercise. Transit systems can <br /> known as GoTriangle, was created to help administer these revenues and beconfigured tomeet goalsalong <br /> work on public transit service projects involving Orange, Durham, and spectrum of orientations and <br /> Wake Counties. mostsystems(including those operating <br /> in Orange • somewhere <br /> Article 43 revenues are allocated by the North Carolina Department of between the two - <br /> Revenue to GoTriangle, which then allocates a portion of that money to <br /> Orange County through reimbursements for projects that either offer new <br /> public transit services or expand existing ones.There are three additional <br /> dedicated funding streams supporting transit in Orange County - a 5% <br /> Vehicle Rental Tax (Article 50) and two Vehicle Registration Fees (Article Ridorship Goal Coverage Goal <br /> 51 and Article 52). It is worth noting, and is explored in more detail later in <br /> this section, that the half-cent sales tax, vehicle registration, and rental Image courtesy of Jarrett Walker; Associates <br /> car fees represent only a fraction of the local investment in public transit. <br /> Tax District Revenues are allocated to the three transit service providers <br />