Pierce County has generated more than $3 billion in taxes for the Sound Transit 3 (ST3) Plan nearly a decade after the 2016 passage of the ambitious, yet significantly underfunded, ballot measure to expand the regional transit system.
The tax revenues haven’t been directly invested into the county as quickly as tax proceeds from King and Snohomish counties have been spent in those respective jurisdictions, according to a News Tribune analysis of annual Sound Transit reports.
In response to the contrast and asked whether taxpayers were receiving their fair share, Sound Transit and elected officials said the current financial picture is not unexpected and added that Pierce County’s time is coming…