PSTAA Update: New Revenue Forecast 

Sound Transit recently released updated revenue projections for the Puget Sound Taxpayer Accountability Act (PSTAA) fund. Due to delays in Sound Transit-3 (ST3)-related construction projects, the fund’s budget is being revised to reflect a significant reduction of projected PSTAA revenues between 2021 and 2029.    A sales and use tax collected from ST3 construction activity funds PSTAA. Construction…