It is not a decision or policy. They are limited by state law
It is not a decision or policy. They are limited by state law
I may be entirely wrong on this, but I believe it may be a state constitutional issue. I know all the double-speak that's gone into the MAPS projects has been due to constitutional prohibitions on long-term municipal debt and logrolling. Said then, and I'll repeat - someone needs to attack that particular issue, although I certainly understand and laud the desire to keep the state and its cities free of long-term debt. We've saved ourselves from going down the ugly path trod by other cities not so cautious.
You'll need debt controls that doesn't allow the debt to exceed a certain percentage of state GDP. Put a limit on it so it doesn't spiral out of control.
However, building highways and roads this way simply makes no sense. Maybe a temporary gas tax to fund specific highway improvements could get passed. Then sell off the rights to said tax dollars to investors to fund it immediately and start construction.
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