TransLink eyes $122.6M in federal gas taxes 0
TransLink is applying for $122.6 million from the region's federal gas tax revenues to replace its aging equipment, and buy out its remaining West Coast Express cars that are at the end of their leases.
It’s also making modifications to its previous costs for such items as upgrading the Expo Line, bus upgrades for smart cards, and the cost to replace its aging vehicles in the HandyDART and conventional bus fleets.
The latest amount sought from the Strategic Priorities Fund — federal gas tax funds that go into transit — would cover 140 bus replacements, buy out 28 WCE cars, and replace trolley and rail equipment nearing three decades of service.
TransLink itself would provide $35.9 million for the upgrades, according to a report to Metro Vancouver.
“The SPF is an essential element of TransLink’s funding resources, enabling TransLink to replace and upgrade vehicles and infrastructure as they near their end of life,” Bob Paddon, a TransLink vice-president, said in the report.
“Without the SPF, these investments would either not happen or would require funding to be redirected from other areas of the organization, likely leading to service reductions across the region.”
Under the program, which is currently at its final year, TransLink has received $676 million over eight years.