A variety of funding measures are needed to meet the needs of Tarrant County’s municipalities. To this end, municipal funding typologies were developed to identify common approaches to funding the transit services outlined in the scenarios. Each municipal typology includes appropriate funding mechanisms based on the type of transit (on-demand or fixed route) being proposed in a community. The typologies represent general guidelines.
Based on the scenarios’ estimated annual operating costs (countywide), various funding options (Federal, State, Local) were evaluated for transit funding opportunities. The financial analysis focused on local funding options, as most transit funding for operations and maintenance comes from local and regional sources. Revenue sources evaluated include sales tax, general funding options, and value capture options.
For detailed information on the financial analysis, please review Chapter 5 (Funding & Finance) of the Final Report. Appendix D provides a breakdown by municipality of modeled revenue mix.