Not ready to move to Salt Lake City

 Interesting article today about how Utah overcame its so-called rail foes. All it took was a $312 million gift from Uncle Daddy (you and I) for the first rail line, with another $500 million in Federal money for extensions. The taxpayers in the Salt Lake City area helped out too with a sales tax increase and later a property tax increase. 

I like light-rail. I don’t have to be sold on the benefits of light-rail. I just want to know how much our 25-year rail plan is going to cost and how it is going to be paid for.

Is there some reason why Hillsborough taxpayers shouldn’t expect the same upfront financial disclosures that any commercial banker or institutional investor would require?

 

<IMHO> Fred Jacobsen

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: