Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: RFEngineer

They already have a Regional Tax District setup to give money to the Metro. I assume they will raise that Tax during the next session saying that they are going to use the money to fix I-95 and I-66 then spend that money somewhere else. Because that is what they do.


127 posted on 11/08/2017 1:58:28 PM PST by ClayinVA ("Those who don't remember history are doomed to repeat it")
[ Post Reply | Private Reply | To 54 | View Replies ]


To: ClayinVA

DC Metro has stated they need $500M in annual revenue form regions to operate....and that the revenue stream must be “bondable”

In other words, they will borrow all the money they can today based on a future revenue stream from service which may or may not be provided in a quality manner or at a reasonable price.

What they aren’t admitting is the pension funding problem that they have. I suspect that’s where most of the money is going to go.


151 posted on 11/09/2017 7:00:21 AM PST by RFEngineer
[ Post Reply | Private Reply | To 127 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson