Transportation Information Service
    May 2003
  ~  Vol. 7 No. 5

Printer Friendly Version

The purpose of the TIS Update is to inform, update, and educate members of the University North Transportation Initiative and the public on local mobility issues, projects and developments.

bulletEmployer & Employee Paid Commuter Benefits 
bulletTampa Rail Project
bulletBike to Work Week 
bullet Community Announcements
 

Heads Up Employers!
See below how to boost employee morale & save on payroll taxes

 

Employer-Paid Benefit

bulletEmployer provides employees with up to $100/month to commute by transit or vanpool, usually in the form of passes or vouchers. No payroll taxes are paid on the value of the benefit.
bulletEmployee receives up to $100/month tax-free to commute by transit or vanpool. The employee does not pay taxes on the value of the benefit.

 

Employee Pre-Tax Deduction

bulletEmployer allows employees to set aside up to $100/month in pretax income to pay for transit or vanpools. No payroll taxes are paid on the income that is set aside by the employee.
bulletEmployee saves on income tax and payroll taxes. The amount of the benefit is no longer treated as taxable salary.

 

Employee, Employer Share Cost

bulletEmployer pays transit and vanpool costs up to a certain limit and the employee pays for the remainder of the costs through a pre-tax deduction. Total employer and employee paid costs cannot exceed the monthly limit of $100/month for commute benefits. Employer saves on payroll taxes on the portion of the subsidy paid by the employee through a pre-tax deduction.

bulletEmployee does not have to pay any taxes on the portion of the benefit provided by the employer. Additionally, the employee saves on income tax and payroll taxes by taking a pre-tax deduction for the remainder of his/her commuting costs.

The New North Transportation Alliance can assist you in developing a Commuter Tax Benefit Program.

For more information, contact Nevine Labib Georggi at (813) 974-9770


Tampa Rail Project

Hillsborough Area Regional Transit Authority, HARTline, recently received approval from the Federal Transit Administration to proceed with development of a light rail system connecting downtown Tampa with the University Area, Hyde Park, and the Westshore business district. The proposed rail line would be 20.1 miles long and would utilize 12.1 miles of existing CSX right-of-way. As seen in the adjacent map, 26 stations and 9 park-and-ride lots are planned.

The Tampa Rail project is expected to cost $985 million. Assuming approval of a local funding source, 50% of the cost would be funded at the federal level, 36% at the local level, and the remainder at the state level. The proposed local funding source is a $0.01 sales tax increase for transportation, which would have to be approved, through the voting process, by Hillsborough County citizens. If a tax increase were approved, 57% of the resulting funds would be allocated for rail and for improved bus service, which is necessary for a multi-modal system. The remaining 43% would be allocated toward other transportation improvements.

Impacts of Rail Transit in Community Development

bullet

Development near light rail stations maximizes public investment in transit.

bullet

Residential and commercial projects appreciate in value faster than other projects

bullet

Development near rail transit stations increases tax revenues for local governments.

bullet

Pedestrian activity around transit stations creates an attractive environment for retail activity. This improves the viability of small businesses. 

bullet

By attracting new developments, transit can be a catalyst for revitalizing fading neighborhoods. 

bullet

Housing near transit can provide more accessible transportation, especially for children, the elderly, and disabled.

 

  Bike to Work Week

The League of American Bicyclists has declared May as National Bike Month™. 
Bike-to-Work Week is May 12 -16, 2003
Bike-to-Work Day on Friday, May 16, 2003.

Join the bike-to-work event by:

bullet

Riding to work or school at least one day the week of May 12 - 16.

bullet

If you work at home, using your bike to run errands. 

bullet

Making a special effort to commute by bicycle on Bike-to-Work Day - Friday, May 16th

bullet

Finding a bicycle commute buddy.

bullet

Getting a non-cycling co-worker to ride with you to work one day

For days of unexpected rain, take your bike with you on any HARTline local and express route to work, school, shopping, or just for fun.

According to the Bay Area Commuter Services, BACS, the top 10 reasons to ride a bike-to-work are:

10. There's less traffic congestion-thanks to you. 

9. You'll see more of your town - and the great outdoors. 

8. The fresh air will do you good. 

7. You'll save money on health club dues. 

6. You're doing your part for the environment. 

5. Great conversation starter at lunch. 

4. No parking hassles-or parking tickets. 

3. You get a great workout. 

2. You'll be eligible for the Guaranteed Ride Home Program

And reason number one: You won't have to listen to those TV/radio traffic reports any more!

* If you're worried an emergency might arise that prevents you from biking home from work, register for the Guaranteed Ride Home (GRH) program. GRH supplies up to 8 free taxi rides home from work per year - in case of emergencies. Contact BACS at 1-800-998-RIDE to sign up for GRH today!

 

 


Vanpool Riders WantedDecrease commute costs, improve use of travel time
A vanpool traveling from Sarasota/Bradenton to the USF Area, including the VA Hospital and Telecom Parkway is seeking riders.  Work hours are from 7:00am - 4:30 pm.  Call 813-282-8200 for more information.
  

 

New North Alliance Seeks Comments on Commute Experiences

UNTI is interested in hearing about your commute!  Simply send an email to sobush@cutr.usf.edu or fill out the commute comments form at www.newnorthalliance.org to tell us about your daily commute and any ways you have found to make the trip more bearable. 

 

Back to Top