San Francisco Finds Way to Fund Central Subway

Things looked grim for the Central Subway project last week, as SF officials were facing an impending deadline to come up with $137 million to match federal funds. This week, Mayor Newsom and MTC seem to have found a way.

Michael Cabanatuan reports that the funds will be made up of "$106 million in state bond money along with about $31 million in savings on Muni projects already completed."

"Randy Rentschler, a spokesman for the Metropolitan Transportation Commission, said the bond money was already set aside for Muni but had not yet been dedicated to a specific project."

Full Story: S.F. solves funding quandary for Central Subway


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