May state legislative applications limit an Article V convention? Subject, yes; specific language, probably not
- September 12, 2013
California’s Legislative Analyst’s Office announced this week that the state is about to waste $6 billion or more starting construction on a high-speed rail line that will never be completed. “The availability of funding to complete a usable segment is highly uncertain,” said the report, to which the Antiplanner responds, “Duh!” Yet some people aren’t […]
READ MOREPortland’s TriMet transit agency is spending more than $370,000 to install solar panels on a downtown building. This will initially save the agency less than $3,700 a year, and even if the savings increase over time, when interest is counted there will be something close to a 100-year payback period. Someone comments on the above […]
READ MOREDetroit’s plan to spend $550 million building a nine-mile light-rail line on Woodward Avenue would be laughable if it weren’t wasting so much money that could actually do something useful if spent on something else. Detroit leaders have convinced themselves that light rail is world-class transportation, that it will be the lynchpin of Detroit’s recovery, […]
READ MORESan Francisco Muni may have to pay $68 million to banks and insurers as a result of some “creative financing” done 8 and 9 years ago. As previously described in the Antiplanner, in the early 2000s the Federal Transit Administration encouraged transit agencies to sell their equipment to banks and then lease it back. The […]
READ MOREThe California High Speed Rail Authority has reason to be thankful this week as the U.S. Department of Transportation gave it another $900 million, keeping hopes alive for the state’s rail program. That means the feds have given the state a total of about $4.5 billion which, when matched with state bonds (which can only […]
READ MOREThe San Francisco Bay Area Metropolitan Transportation Commission (MTC) is considering the possibility of using benefit-cost analyses to decide how to spend federal and state taxpayer dollars. This “new” technology dates back to 1848, so you can see why regional planners might be just discovering it now. As presented in the San Jose Mercury-News, benefit-cost […]
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