Research Report
posted January 30, 2012 by Thomas A. Rubin, Dr. David Hartgen
The draft Wake County Transit Plan, released in November 2011, proposes a doubling of bus service, new commuter rail service between East Garner and Durham, and light rail service between Cary and northeast Raleigh. The expanded service is proposed to be funded by a 1⁄2-cent sales tax, a $10 increase in vehicle registration fees, increased vehicle rental fees, transit bonds, state and federal funds, and rider fares. The estimated cost of the expanded bus and commuter rail plan is $2.8 B, and the full plan (including light rail) $4.6 billion through 2040.