TransLink is mulling widespread service cuts and tax hikes to address what they say is a $450 million budget shortfall.
CEO Tom Prendergast says after spending its savings for several years, they are now considering three options to make up the depleted coffers, including vehicle levies for all vehicle owners - with the biggest bills being handed out to those who drive the farthest and drive the biggest gas guzzlers.
Prendergast says the average levy would be about $122 annually.
In its 2010 10-year plan summary report, TransLink suggests new revenue of $450 million is needed to maintain services, keep transit in good working order, upgrade services and expand infrastructure.
Without the new money, Prendergast says transit service cuts will become a reality - up to 40 per cent over the next 10 years.
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