The ultimate objective is to put trolleys on our streets. If you think empty buses clogging traffic are bad, wait until empty trains take up space on our streets. This madness will come with a high price tag. This is about the same as it costs to build a mile of freeway. However, per mile of road, freeways carry about 20 times as many person-miles of travel as trolleys do per mile of track.
Freeways also carry freight.
Trolleys do not. Rather than expiring at the end of ten years, it seems far more likely that the transit tax will be increased and extended. Let's not start Chandler on the path to the multi-million dollar per year transit tax burdens that have plagued other cities. Please read it.