The CFO, Tracy Butler, provides new numbers. Sales tax down 25% in March, car-tab tax down 25% in April. [Current work like the Lynnwood Link line keeps progressing, but the board is bracing for delays or cutbacks in future #ST3 projects. ]
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A two-year recession would force Sound Transit to make cost-cutting decisions "as soon as now," Butler said, to avoid blowing past the state's legal debt limit in 2028.
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Boy oh boy, I can see the outrage now over being told Olympia won’t lower car tabs. I don’t think the WSSC is going to allow 976 to go into effect.
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