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What is Counties Transit Improvement Board mean?
The Counties Transit Improvement Board (CTIB) was a Joint Powers Board established in March 2008 which will control an estimated $100 million annually in transit funds for the Minneapolis–St. Paul metropolitan area. The board was responsible for granting the funds under its control to major transit infrastructure projects around the Twin Cities. In 2016-2017 a series of events led to the formal vote by members of the CTIB to dissolve the board effective September, 2017. Individual counties then developed county level transit taxes to replace funding streams that had been allocated by the CTIB.
referenceFull Form | Category |
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C T I Industries Corporation | Business |
Counties Transit Improvement Board | Regional |
Posted on 22 Sep 2024, this text provides information on Miscellaneous in Regional related to Regional. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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