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Wake County Transit Financial Plan Status Update
Bret Martin, MPO Staff
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Following a public hearing held jointly by the Executive Board and the GoTriangle Board of Trustees and the Executive Board’s subsequent adoption of the Wake County Transit Financial Plan and corresponding Interlocal Governance Agreement (ILA) on May 18th, the GoTriangle Board of Trustees considered and adopted the plan and agreement at its May 25th meeting. The Wake County Board of Commissioners considered and approved the plan and agreement at its June 6th meeting and authorized the half-cent sales tax referendum to be placed on the November 2016 general election ballot. Work has begun to organize the Transit Planning Advisory Committee (TPAC) referenced in the ILA, and the TPAC will hold its first meeting June 20, 2016. The TPAC will then begin preparing work products referenced in the ILA that are essential for successful implementation of the Wake County Transit Plan. The Executive Board can expect to receive materials institutionalizing the TPAC’s permanent organization and function in late summer and action items related to the first stages of plan implementation by late summer or fall.
Requested Action: Action Receive as information