Posts Tagged "state transit funding"
With cities and suburbs clamoring to build new transit systems, a new book showcases creative financing approaches for getting them built
The demand for public transit is at its highest point in 50 years, and more communities then ever before are looking for funds to build and operate rail and bus lines. Despite the challenges posed by ideological gridlock in Congress, dwindling federal gas tax revenues, and the elimination of earmarks, many communities are finding creative ways to move ahead.
America’s transit systems require $77.7 billion just to reach a state of good repair
Failure to keep up with regular maintenance and repair in many of our country’s public transportation systems due to tightened budgets is literally slowing us down, through longer commutes, unreliable service and reduced access, exacerbating the effects of a down economy and high unemployment. A study prepared by the Federal Transit Administration reveals chronic underinvestment in the nation’s transit systems and estimates $77.7 billion is needed just to rehabilitate what we already have.
California Supreme Court hands victory to local transit riders and providers
A recent California Supreme Court decision could restore billions in funding for public transportation in the nation’s most populous state. The Court’s ruling late last week upheld a lower court decision declaring the state’s $3.6 billion raid of public transit funds illegal and ordered that the money be returned to local transit providers.
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