Oops! A decimal place error. Using Census QuickFacts–a $90 million general fund increase for transportation equals $350 per Vermont household per year or 0.6% of the median household income of $54,168. The $350 for the household cost compares, for example, to a saving from changing a solo drive to a 20-mile Link bus commute out of Burlington, about $3,500 after taxes–plus an employer saves about $600 a year for every “free” parking space no longer required for an employee.
Of course, $90 million in additional general fund revenues would
include some from business and would be progressively raised by income
and other sources. Are better roads, bridges, commuter and light rail,
intercity rail, and a major walking and bicycling infrastructure for all
downtowns and city centers–worth 99 cents a day for your household?