Tag Archives: MVET

Fortunato calls on Sound Transit to halt $10 million giveaway

Sen. Phil Fortunato, R-Auburn, is calling on Sound Transit’s governing board to reverse a decision made last week to transfer millions of dollars of property over to non-profits at a financial loss. Sound Transit plans to transfer property valued at $18.5 million for a third or half of its market value in order to provide affordable housing sites in Seattle.

“Suddenly, the agency that claims every dime is essential for transit projects and can’t cut car tabs by a single penny, can afford to give away $10 million,” Fortunato said. “Sound Transit is taking millions from the budgets of families with school age children and seniors in the name of ‘congestion relief,’ so that it can turn around and give those millions away to something that has nothing to do with transit.

“This is pure bureaucratic arrogance. Tell voters it is all for congestion relief, then do whatever you want and give voters’ money to housing in Seattle. Every board member voting for this should be fired.”

Sound Transit made the decision in Resolution 2017-20 on May 25. It allows for a surplus parcel known as the “Roosevelt Station – Central Transit-Oriented Development Site” to be sold a steep discount for the purpose of affordable housing. In a letter (linked below) to Sound Transit Chief Executive Peter Rogoff, Fortunato questions the legality of the move based on stipulations in the federal grant and whether property seized through eminent domain for transportation purposes can be given away at a discount for unrelated purposes.

“This is social engineering insanity,” said Fortunato. “If Sound Transit thought people were mad about car tabs tripling before, wait until the people hear about this. This agency is absolutely tone deaf to the people they serve—or in the case of my district, the people they do not serve but just extract taxes from.”

Sound Transit.Rogoff Letter

Fortunato hails Senate move to cut Sound Transit car tab tax

Car tab taxes would be cut by 55 percent and Sound Transit board members would be required to stand for direct elections under legislation that passed the Senate Tuesday afternoon.  Senator Phil Fortunato, R-Auburn, is a cosponsor of both bills, SB 5001 and SB 5893

“If Seattle politicians think their constituents are mad about car tabs tripling, they should visit my district where we voted no on Sound Transit 3 by more than 60 percent,” said Fortunato. “Cutting car tabs by 55 percent only costs Sound Transit 4 billion dollars over 30 years, but you’d think from how they’re complaining we’re asking for their first born.”

Both bills now go to the House for consideration.  SB 5893 was amended from its previous version to structure the car tab tax cuts as rebates to eliminate the estimated expense of defeasing bonds.   The new tax cut mechanism reduces the estimated loss of revenue to Sound Transit from approximately $12 billion to just under $4 billion.

“This might reduce the scope of the next party they hold for being a decade late and eighty percent over budget, but taxpayers will feel real relief,” said Fortunato. “All we need now is for the House Democrat leadership to stop protecting Sound Transit and start protecting the taxpayers.

 

VIDEO: Fortunato fights to cut Sound Transit’s inflated car tab taxes

In this video, Senator Fortunato outlines his efforts to hold Sound Transit accountable and get taxpayers relief from their inflated car tab taxes.  Sen. Fortunato also describes how Sound Transit’s car tab tax defenders wanted to use funds dedicated to homeless and foster kids to protect Sound Transit’s outrageous tax collections.