This headline is important because it marks the beginning of federal pull back for these costly efforts that haven't yet found the revenue model they've promised.
Reality check: Feds and rampant tax subsidy still sustain this mode of transit.
Here's a peek at that model losing momentum . . .
"The tax districts that are working in Midtown may not be enough to pay for extending the streetcar across the Missouri River."
Again "working" is a relative term . . . And also applies to massive subsidy.
Read more via www.TonysKansasCity.com link . . .
Study says streetcar expansion to North Kansas City may be too costly
KANSAS CITY, Mo. - A plan to expand the streetcar into North Kansas City may cost too much. That's the preliminary finding of a new study. The tax districts that are working in Midtown may not be enough to pay for extending the streetcar across the Missouri River.
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