Just as the bottom has fallen out of the of the air travel market, so it has for local and regional transit and intercity rail travel. Transit farebox revenue has taken an immediate hit, and sales, state, and local taxes will likely decline as well. In total, transit agencies stand to lose between $26 billion and $38 billion over the next year.
From the Community of Practice: Washington State applies for Florida’s high-speed-rail funding.
Washington state applied for approximately $120 million in federal high-speed-rail stimulus money, part of $2.4 billion returned by Florida. The Washington State Department of Transportation (WSDOT) will use the money to continue improving and expanding …