Falling revenues from real estate taxes could impact transit expansion plans as New York's MTA faces a sharp decline.
"Real estate tax revenue is nearly $81 million shy of what the Metropolitan Transportation Authority has projected so far this year, a scenario that could spell doom for systemwide service improvements.
Officials stopped short of linking the downward trend to the program, which would mean additional trains on the Long Island Rail Road and subways. Previously, they have said that service improvements may not be possible if real estate tax revenues, upon which MTA in part relies to fund operations, don't recover. A decision on whether to move forward with improvements is expected next month.
'We've talked about the yellow flag being up, the yellow flag stays up,' MTA finance chief Gary Dellaverson said yesterday at a meeting of the MTA's finance committee."
FULL STORY: Real estate revenue deficit may derail MTA's plans
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Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
City of Albany
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research