Newly-reelected phoenix mayor Greg Stanton and other supporters of the newly-passed Prop-104 transit tax are celebrating their victory and promising that the new tax will quickly pay big dividends to city residents.
Stanton says one of the dividends will be an increase in public safety with new police jobs that will be funded by savings to the city’s general fund. Stanton says they are already working to form a citizens’ oversight committee to develop the first transit priorities to be funded by the new tax. Stanton notes that, while this is a Phoenix city sales tax, the transit plan will be coordinated with the surrounding cities connected with light rail. Beginning January 1st, phoenix city sales tax will nearly double to point-seven percent for transportation and will last for the next 35 years aiming to raise a large part of $31.5 billion dollars that include monies from several sources.