The Charlotte streetcar “starter line” is scheduled to open in 2015. However, the streetcar system as a whole faces funding issues and even political corruption:
- Charlotte’s Gold Line will run 1.5 miles – and cost $126 million. That’s a cost of $84 million per mile.
- The city is trying to fund streetcar expansion before the initial phase is completed. The city council approved spending $12 million in taxpayer funds to pursue federal grants.
- The city council committed $63 million to the streetcar, but voted against a property tax increase to fund the project. Some cities have leaders who look out for their citizens.
- The former mayor of Charlotte faces prison time for corruption. Part of the open investigation involves the mayor’s support of the streetcar. He allegedly wanted the streetcar to be built so that he and his business partners could profit financially.