Liverpool City Region Bus Franchising

[moreton407]

RE: Liverpool City Region Bus Franchising
I have read with interest, the leaflet that has been pushed through my door in the last week or so....

Some of the big costs of franchising would cost £341m, £252m investment in buses, £62m investment in bus depots and £27m to change over to franchising......

And where do they get the money for this.....

Transport Levy from local councils - so council tax.
Mayoral Precept - this is the additional charge residents pay to the combined authority - so council tax.
Mersey Tunnel Tolls - Will tolls go up in order to pay for this? And i was under an impression from many years ago that once the
debt of building the tunnel etc was paid back then the tolls would be abolished?
Government funding - so more taxes.

I rarely use public transport these days but am i going to better off by a franchised system?