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SECTION 29: INCREASE IN TRANSIT SUBSIDY <br /> Findings: <br /> • The maximum allowable Federal tax credit for transit subsidy was increased from$15.00 <br /> to $21.00 during the EIS review period. <br /> • Boeing provides a $15.00 transit subsidy to its employees who use transit and vanpools. <br /> Conclusions: <br /> • The $15 subsidy provides a significant incentive to shift from driving alone to transit and <br /> vanpooling, and will provide mitigation necessary to accomplish the TDM program <br /> requirements included in the Decision Document. <br /> • The record does not support the need to require an increase in the subsidy to mitigate <br /> impacts of the project. <br /> Decision: <br /> Deny the appeal but recommend that Boeing voluntarily increase the subsidy from $15 to $21 as soon <br /> as reasonably feasible. <br /> SECTION 30: FORMATION OF A TRANSPORTATION MANAGEMENT ASSOCIATION <br /> Findings: <br /> • Transportation Management Associations (TMAs), in the absence of comprehensive, <br /> governmental programs for managing transportation systems within travel sheds, offer <br /> significant opportunities to collectively address local traffic problems. <br /> • The emergence of new State TDM legislation coupled with the Growth Management Act <br /> and potential changes in Federal and Local funding approaches is expected to result in <br /> new, more comprehensive and equitable programs for managing travel demand and <br /> financing new facilities in local areas. <br /> • Area governments and businesses recently delayed action on the formation of a <br /> Transportation Benefit District (TBD) for the Southwest Everett/Paine Field area that <br /> would have assisted in the process of financing transportation improvements in the area. <br /> The formation of a TMA involves some of the same equity and interjurisdictional issues <br /> that led to the impasse that occurred with the TBD. <br /> 45 <br />