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Valley Metro Rail. Valley Metro Rail (styled as METRO) is a 29.8-mile (48 km) [3] light rail system serving the cities of Phoenix, Tempe, and Mesa in Arizona, USA. The network, which is part of the Valley Metro public transit system, began operations on December 27, 2008. In 2023, the system had a ridership of 10,797,600, or about 31,200 per ...
In August 2015, Phoenix voters passed Proposition 104, increasing the sales tax allocated to transit from 0.4 to 0.7%. It is expected to partially pay for a $31 billion transit plan over 35 years. Under the plan, about half of the new revenue will go to bus service, a third to light rail, 7% to street improvements, and 10% to debt service.
t. e. Transaction privilege tax (TPT) refers to a gross receipts tax levied by the state of Arizona on certain persons for the privilege of conducting business in the state. TPT differs from the "true" sales tax imposed by many other U.S. states as it is imposed upon the seller or lessor rather than the purchaser or lessee.
Sales taxes are imposed only on taxable transfers of goods or services. The tax is computed as the tax rate times the taxable transaction value. Rates vary by state, and by locality within a state. [5] Not all types of transfers are taxable. The tax may be imposed on sales to consumers and to businesses.
Proposition 488 - Specific to Flagstaff, the measure aims to increase the city's 0.295% sales tax that is related to public transit to 0.5%, beginning on July 1, 2025 until June 30, 2040. Maricopa ...
There was significant local opposition in the 1960s and 1970s to expansion of the freeway system. [4] Because of this, by the time public opinion began to favor freeway expansion in the 1980s and 1990s, Phoenix freeways had to be funded primarily by local sales tax dollars rather than diminishing sources of federal money; newer freeways were, and continue to be, given state route designations ...
The median sales price of a single family home in the East Valley is $205,850. This figure is also higher than the median price of a single family home in Metropolitan Phoenix, the West Valley, all of Arizona, and the United States. [9] The cost of living in the East Valley is quite low for such a thriving area.
The Stack (Interstates 10 and 17) interchange at night in 2012. Part of the reason for this is the extensive freeway system in the city, due to most of that system being funded by local, rather than federal funds, through a half-cent general sales tax measure approved by voters in 1985.
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