KC Light Rail

Your source for news and information on Kansas City’s light rail progress

City Approves Light Rail Study Funds

The City Council approved a $1.2 billion 2007 budget Thursday that includes $200,000 to study light rail; the money will come from the existing transportation tax.

On a related note, the KCATA budget gets cut in 2007 due to flat sales tax revenue and increased TIF reimbursements. TIF, or tax increment financing, diverts a portion of tax revenues to fund infrastructure improvements for specific development projects or areas.

1 Comment so far

  1. thepaintman May 29th, 2007 8:17 pm

    thats horrible

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