In part one of this series I examined how Indiana managed to give away $1.7 billion to the state of Kentucky in renegotiating the project cost split for the Ohio River Bridges Project at Louisville. Despite a series of scope changes that reduced total cost by $1.5 billion, Indiana's share of the cost actually went up by nearly $200 million. Some might object that the project cost split is essentially meaningless because the project will be funded via tolling in a public-private partnership like the Toll Road deal. Unfortunately, this is not … [Read more...]
Indiana’s Bridge Deal Boondoggle, Part 1: A Financial Fiasco
- Indiana gives away $1.7 billion to Kentucky - - Indiana's costs up by $200 million while total project costs decline by $1.5 billion - - $432 million diverted from other projects to close funding gap recreated by Indiana's botched negotiators - - Tolling likely to mean Indiana pays well over half the project - - Indiana potentially exposed to major risk by agreeing to build a tunnel in Kentucky through Louisville's most affluent suburb that the state has no expertise to construct -I've noted before how the Indiana Toll Road lease was a … [Read more...]
Louisville – An Identity Crisis
Following on from my article on Cincinnati, I'll now take a short 100 mile trip downstream to another old river city, Louisville. Louisville came of age in a similar era and traditionally viewed itself as a sort of little brother to Cincinnati. However, while Cincinnati was once the Paris of the west, Louisville never held so lofty a position, so it lacks Cincy's grandeur. Luckily, it also appears to be missing some of the dysfunction. See here the river city tradition as the Belle of Louisville steamboat fires up. There were obviously no … [Read more...]
Louisville – The Case for 8664
Tuesday is Louisville's mayoral primary. This is one of the issues that matter for the city's future. 8664 has published the results of a candidate questionnaire on their web site. Also note that 8664 co-founder Tyler Allen is running for mayor. If I still lived in Louisville, it would be a sure thing he'd have my vote! - Aaron. ] A few weeks ago, JC Stites, co-founder of 8664 invited me down to Louisville to talk about the proposal and take a first hand tour of the riverfront. Even as a Louisville native, I had never really walked around … [Read more...]
Downsides of Consolidation #2 – Cost Increases, Dilution of Urban Interests, Deferred Problems
This is the second and last installment in my mini-series on the downsides of city-county consolidation, or "big box" vs. "small box" government. Part one covers neighborhood redevelopment challenges. For those of you who didn't read that, I'm not opposed to city-county consolidations at all, and generally think they've been positives in places that have pursued them. I am merely examining some of the trade-offs that come with that choice. Like any form of government, this one too has its challenges. Cost Increases Proponents of government … [Read more...]
An Examination of City-County Consolidation
[ This piece will serve as a warm-up to a forthcoming series on the downsides of the consolidation of US city and county governments. I updated it from the original with a bit of information about the current mayoral election in Louisville. ] H. V. Savitch and Ronald K. Vogel of the University of Louisville authored the paper "Suburbs Without a City", analyzing the merger of Louisville and Jefferson County, and in the process making many good observations about or relevant to other consolidated cities like Indianapolis and … [Read more...]
Mega-Skepticism
[ This post inaugurates a three part series on "megaregions" and the applicability of this concept to the Midwest. It is a repeat of something I wrote on the subject a bit over a year ago. That should lay the ground work. Part two of the series will be a review of the book "Megaregions", edited by Catherine L. Ross. The third part will be some thinking on ways the Midwest might be able to apply megaregional thinking to its problems. As you will see, I come to this subject as a skeptic. This post originally ran on July 11, 2008] There … [Read more...]