article thumbnail

WMATA and MWCOG announce new joint transit initiative | Could a regional "transport association" be on the horizon, or just a transit bailout?

Rebuilding Place in Urban Space

Funny of course, because this is driven by the financial pressures faced by WMATA foremost (" Facing massive budget shortfall, Metro releases budget proposal that slashes service and increases fares ") but also other area transit providers, who've lost lots of riders in response to work from home. And financing.

article thumbnail

It’s time to talk about a regional tax to help fund Metro (DC area)

Rebuilding Place in Urban Space

In 2009 and a couple times afterwards, I said it was necessary for WMATA to rebuild the regional/metropolitan consensus about support for transit. This let the system get sloppy in terms of finance, budgeting, and understanding why "WMATA is so successful at funding operations from farebox revenue." They charge two.

2006 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Linda Lenz, founding editor of Catalyst Chicago, dies at 77 | Technical assistance for local schools advocates

Rebuilding Place in Urban Space

From the article: a state law decentraliz[ed] the Chicago school system and giving parents and educators the power to review school budgets and hire principals. The publication put a spotlight on schools where reform efforts were working, as well as those where reform efforts were running aground.

article thumbnail

Incrementalism as a concept of iterative improvement in government project development no longer a legitimate public administration theory

Rebuilding Place in Urban Space

It was supposed to go to Virginia Beach, but with opposition they cut that part from the project, expecting that once the system started operating, there'd be a clamoring to expand (" As light rail nears in Norfolk, Virginia Beach begins to reconsider previous decisions to not participate ," 2009).

article thumbnail

The unintended consequences of converting office buildings to housing: the need for public safety; schools; amenities

Rebuilding Place in Urban Space

Screenshot, Downtown Pittsburgh Partnership marketing campaign, 2009. To riff off this, there are five other elements at a minimum that matter a lot, that cities aren't budgeting or planning for, if their central business districts become meccas for housing: public safety.

article thumbnail

Current GSE Guarantee Fees Are Too Low to Be Consistent with Regulatory Capital: Does This Mean a Large Increase Is Coming?

The Stoop (NYU Furman Center)

budget calculations but intentionally set things up so that the broader financial marketplace believed the government had an obligation to never let the two companies default on their debt; 15 this allowed the marketplace to largely ignore measures of GSE financial strength, in particular their capital ratios. Also, the 0.10

2008 52