Tax District Forming for D.C. Metro Extension

13 October 2009 - 7:00am

A group of landowners has been assembled that can now establish a special tax assessment district to raise money for the extension of the Washington D.C. area Metro system to Dulles International Airport.

The group is hoping to raise funding for the system extension, which would add 23 new stations between Reston, Virginia and the airport.

"The Western Alliance for Rail to Dulles, a nonprofit group made up of Fairfax landowners, has recruited a majority of affected landowners to create the tax district, which would pay for $330 million in capital funding for the project. Fairfax would pitch in $90 million. Thirty-five landowners, about 57 percent of those affected, signed the group's petition."

Source: The Washington Post, October 10, 2009
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Public transit has suffered from an economic mis-focus, and ironically enough, it has only worsened perennial problems like chronic underfunding and running incomplete systems that can't compete with the private automobile.