Steven Higashide brings us this story on the New York City area’s Metropolitan Transportation Authority (MTA). The state’s financial situation has been better, and “virtually every New York transportation agency is facing serious funding challenges.” One of the chief sollutions for this problem is the development of public-private partnerships. The state has a few high priorities for partnerships, mostly including various bridge, high-speed rail, and TOD projects. TOD also fulfills the goals of the MTA’s sustainability report. Ray LaHood, federal Transportation Secretary, has indicated that public-private partnerships would be a large part of the next federal transportation bill. Hopefully the private sector will be able to assist governments in poor positions to implement good plans.
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