San Francisco-Area Special District Voters to Face Rail-Related Sales Tax

Saskal, Rich
July 2006
Bond Buyer;7/21/2006, Vol. 357 Issue 32428, p3
Trade Publication
The article reports that the directors of the Sonoma Marin Area Rail Transportation District have agreed to ask voters to approve a sales tax to finance construction of a commuter rail system in San Francisco, California. The proceeds would be used in financing construction and operation of a 70-mile passenger train system, which is estimated to require $387 million in capital spending. The district plans to issue bonds backed by the sales tax revenue to finance capital costs.


Related Articles

  • Lhasa line makes progress.  // Railway Gazette International;Oct2004, Vol. 160 Issue 10, p706 

    This article reports on the completion of the first 450 km phase of Chinese railway's project to build a railway between Golmud in Qinghai province and Lhasa in Tibet, costing 15.3 billion yuan, as of October 2004. The completed Golmud-Lhasa route will comprise 1,110 km of new construction and...

  • Coaster to cruise past Del Mar summer crowds. Sutherland, Billie // San Diego Business Journal;3/6/95, Vol. 16 Issue 10, p27 

    Reports that the Coaster commuter train will bypass the Del Mar Fairgrounds during 1995's fair and racing season in California. Problems about funding and project cost of the railroad and platform construction; Reconsideration for rebidding; Operation of the line by Amtrak.

  • Voters in Atlanta-Area Counties Reauthorize SPLOST, Approve GOs. DeSue, Tedra // Bond Buyer;3/23/2007, Vol. 359 Issue 32593, p4 

    The article reports on the approval of the renewal of a 1% special purpose local-option sales tax (SPLOT) by voters in Atlanta, Georgia. The measure is designed to back bonds to the tune of about $500 million, and also approved $275 million of general obligation bonds. SPLOST is expected to...

  • Election set to extend sales tax. Bandle, Scott // South County Journal;5/16/2012, Vol. 47 Issue 20, pA1 

    The article discusses the August 7, 2012 special election in Sunset Hills, Missouri to extend a sales tax beyond 2016 for road, building and facility maintenance funds. The half-cent sales tax, Proposition 8 of 1994, was to pay for 5.76 million dollars in bonds for capital improvements such as a...

  • India to take railway network closer to Tibet's border.  // Tibetan Review: The Monthly Magazine on all Aspects of Tibet;Sep2008, Vol. 43 Issue 9, p23 

    The article reports on the plan of the Indian government to build a railway from Bilaspur to Leh. It reveals that the Prime Minister's Office (PMO) has requested the Railway Ministry to conduct an assessment on the project which is anticipated to enhance the country's tourism industry. It...

  • First line edges closer to fruition. Poletto, Jorge // Railway Gazette International;Nov2012, Vol. 168 Issue 11, p54 

    The article discusses the opening of the first metro rail line in Lima, Peru. After being authorized in 1986, the government failed to finish the construction of Line 1. Loans provided in 2005 allowed the completion of the project. Line 1 started operating in January 2012, with its first section...

  • EXPANDING THE NETWORK. AUSTIN, CHRIS // Modern Railways;Feb2016, Vol. 73 Issue 809, p70 

    The article offers the author's insights on the Borders Railway (BR) reopening project in reconnecting communities detached from the national rail network and states the causes leading to rail network expansion including rail travel demand increase, congestion in rail stations, and economic growth.

  • Light rail approved.  // Railway Gazette International;Jul2016, Vol. 172 Issue 7, p14 

    The article announces the approval of Helsinki and Espoo city councils in Finland for the Raide-Jokeri orbital light rail route that will link Itäkeskus in eastern Helsinki and Keilaniemi in eastern Espoo.

  • Three Texas Cities OK Tax Hike for $240 Million Rail Link to DART. Williamson, Richard // Bond Buyer;9/17/2003, Vol. 345 Issue 31721, p6 

    Reports on the approval of a sales tax for construction of railroad connecting Dallas County to Dallas Area Rapid Transit in Texas. Amount of the project; Consideration of other financing options; Opposition of several cities to the rail project.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics