Equipment Type

Houston Voters Approve Tax Extention for Transportation Projects

Houston voters passed a referendum that allows the Metropolitan Transit Authority to continue diverting sales tax revenue to road projects.

November 07, 2012

Houston voters passed a referendum that allows the Metropolitan Transit Authority to continue diverting sales tax revenue to road projects.

The program will now run through 2025. One-fourth of the 1-percent sales tax collection is currently shared with the city, county and 14 other municipalities for road, bridge, sidewalk and other nontransit projects, reports the Houston Chronicle. But that percentage could shrink to 19 percent over the course of the new program.

Source: The Houston Chronicle

More like this

Comments on: "Houston Voters Approve Tax Extention for Transportation Projects"

Subscribe Today

Enter your email address here to be automatically subscribed to our daily newsletter!

Overlay Init