The budget impact keeps growing
An update on how much money I-985 raids from the general fund, by budget cycle:
’07-’09: $52 million (it’s in effect for less than half a year)
’09-’11: $238 million
’11-’13: $284 millionÂ
$284 million is the equivalent of almost $50 of tax money from each Washington resident, from every corner of the state, to pay for road projects that will likely be concentrated in urban Puget Sound.