Other Cities Look at L.A.'s Transit Funding Plan

Los Angeles has taxed itself to raise money for transit projects, and now officials want to borrow against those future earnings to speed up projects. This article wonders if that's a model other cities can and should follow.

Minn Post looks at whether the idea could work in the Twin Cities.

"If approved by Congress, the Los Angeles plan would constitute a new kind of federal-local partnership in transportation investment. 'We think it's a pretty intriguing idea,' said Susan Haigh, chair of the Metropolitan Council. The formula is a focus of current research on how to accelerate the transit build-out in the metro area.

'We're focused on jobs and economic development,' Haigh said, 'but that doesn't happen without investments in transit and transportation. The question is how can you take advantage of transit's return on investment to advance and accelerate transit projects.'

The answer will be data-driven, she said, but it's not yet clear whether the Los Angeles model can work here."

Full Story: Los Angeles tries to accelerate transit: Would it work here?

Comments

Comments

Here's L.A. County Metro's take

For those interested in delving a little deeper into how America Fast Forward can work for other cities, please check out our series at The Source.

Here's our Minneapolis story:

http://thesource.metro.net/2011/05/03/minneapolis-post-asks-could-americ...

And the rest of our series -- featuring Denver, Salt Lake City and Charlotte -- can be found here:

http://thesource.metro.net/topic/america-fast-forward/

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
Book cover of Unsprawl

Unsprawl: Remixing Spaces as Places

Explore visionary, controversial and ultimately successful strategies for building people-centered places.
Starting at $12.95

Wear your city with style!

100% silk scarves feature detailed city maps. Choose from six cities with red or blue trim.
$55.00