Phoenix/ Real Estate & Development
AI Assisted Icon
Published on July 30, 2024
Maricopa County Voters to Decide on Extension of Transportation Funding with Proposition 479Source: Apache Junction, Arizona

Maricopa County voters are gearing up to decide the fate of a key transportation funding source, Proposition 479, which is on the November 5 ballot; this measure seeks to continue a half-cent sales tax that's been crucial for local transportation since 1985 when Proposition 300 first introduced it and was later renewed in 2004 with Proposition 400 – a "yes" vote meaning the tax extends until 2045, and a "no" vote effectively sunsetting it by the end of 2025, as detailed by the Apache Junction, Arizona.

The results of the upcoming vote could have a significant impact on the county's road maintenance and transportation initiatives if Proposition 479 gets a green light, it will ensure the continuation of a stream of funding that's projected to bring in about $14.9 billion in revenues (considering 2020 dollars) over the next two decades, while also delineating how the funds will be allocated with freeways and highways set to receive 40.5 percent arterial roads and regional transportation infrastructures to get 22.5 percent, and transit projects to claim the remaining 37 percent, showing a comprehensive plan to manage and improve various transportation facets, as per the Apache Junction, Arizona.

As voters weigh the benefits of sustained infrastructure investment against the continued tax, it is pertinent for them to access detailed information about Proposition 479 and its implications, which can be found through the City of Apache Junction's dedicated webpage, where the city has published official communications intended to help voters make an informed decision come November.

Phoenix-Real Estate & Development