Boards & Committees

​​​​MTC Transit Funding Working Group


A broad based committee of local business, elected officials and community leaders with the express purpose of concentrating on Charlotte-Mecklenburg's long-range transit plan to identify long-term funding and financing options and make a recommendation to the Metropolitan Transit Commission.

The committee is charged with:

• Identifying and building awareness of the funding challenges faced to complete the 2030 Transit Plan based on the new economic realities occurring at the local, state and federal levels.
• Developing a set of funding and financing recommendations and tools for the MTC to advance the 2030 Transit Plan.

​Background

In 2006 the MTC approved an update to the 2030 Transit Plan that projected the growth of the local sales tax based on historical standards.  The adopted plan included an implementation schedule through 2030 for the advancement of the remaining rapid transit corridors.



The Great Recession of 2007 - 2009 affected every household, business and government entity; for CATS the local sales tax receipts dedicated to public transit dropped significantly.   In response CATS made immediate adjustments to operating expenses (reduced over $25M) and capital projects (reduced over $200M) to align expenses and programs with the unexpected drop in sales tax receipts. Even though the main revenue stream for CATS had dropped to a 2004 level in 2011, CATS still had a customer demand (ridership) at a 2008 level.




By 2011, sales tax receipts had bottomed out to an annual amount of $55.9M.  During the time of the Great Recession, similar situations were occurring to CATS traditional funding partners at the state and federal level.  The effect was that the 2006 sales tax revenue projection was no longer valid; a new lower base had been established because of the Great Recession.  The overall results of a lower sales tax base was a $2.3 billion reduction in the projected sales tax revenue dedicated to public transit through 2035.   The loss of $2.3 billion in future revenue streams along with reduced funding capacity at the state and federal level means that after completion of the LYNX Blue Line extension, the local sales tax will not have the capacity to advance other rapid transit corridors after accounting for the anticipated growth of existing operating services and maintaining existing assets/facilities in a state of good repair.


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​TFWG Members



NameOrganization By
Jill Swain, Committee Co-ChairMayor Huntersville - MTC Member
David Howard, Committee Co-ChairCity of Charlotte Councilman
Hugh AllenWells Fargo
Jeff BrownMoore & Van Allen / Former CTAG Member
Jesse CuretonCitizen
Ned CurranThe Bissell Companies
Larry J. DagenhartMcGuire Woods
Tracy DodsonCushman & Wakefield Thalhimer
Bobby DrakefordThe Drakeford Company
Natalie EnglishCharlotte Chamber of Commerce
Jerry FoxCitizen - Retired County Manager - Mecklenburg County
Matt GallagherGandy Development
Harvey GanttGantt Huberman - Former Mayor City of Charlotte
Manjo GovindanMerrill Lynch
Malcolm GrahamState Senator (D) / Johnson C. Smith University
Sammy Hicks IIIIntegrated Capital Strategies, LLC
Mary HopperUniversity City Partners
Torre JessupCitizen
Charlie JeterState Representative (R)
Landra JohnsonCitizen
Anika KahnWells Fargo
Brandon LoftonRobinson Bradshaw & Hinson
Lee MyersMyers Law Firm - Former Mayor Matthews & MTC Member
Dionne NelsonLaurel Street Residential
Peter PappasPappas Properties
Rick SandersonAECOM
Bertram ScottCIGNA
Bill ThunbergLake Norman Transportation Commission
Ron Tober - Retired CATS CEOParson Brinkerhoff
Lynn WheelerWheeler Communication Group LLC- Former Mayor ProTem City of Charlotte



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