Tuesday, April 21, 2015

5 things to know, and why All Aboard Florida may put taxpayers at risk

Good morning, South Florida. All Aboard wants the state on board All Aboard Florida boasts that it's a private enterprise that won't put taxpayers at risk, and yet it's in Tallahassee seeking to raise $1.75 billion in tax-exempt "private activity" bonds using the state's bonding authority. This left some legislators questioning what happens if the Miami-to-Orlando rail project fails, according to the News Service of Florida. Are taxpayers left holding the bag, after all? Some lawmakers pointed…

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