Statutory Responsibilities
The SERTA legislation is set forth in Section 59.58(7) of State Statutes. In summary, SERTA has the following responsibilities:
- Authority to construct, operate, and manage a KRM commuter rail line
- Authority to enact up to an $18 vehicle rental fee per transaction (indexed to inflation) in Kenosha, Milwaukee, and Racine Counties
- Up to $2 of fee may be used for administrative expenses
- Authority to use remaining balance of funds from the former “temporary” and “limited authority” Southeastern Wisconsin Regional Transit Authority to assist in KRM commuter rail planning
- Authority to issue up to $50 million in bonds to provide the local share of funds necessary to initiate KRM commuter rail service
- Kenosha and Racine County transit operators are required to provide their annual and long-term transit plans to SERTA as they become available
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