New worries arise over tax increment financing

Austin, Texas light rail

Capital MetroRail station in downtown Austin, Texas. Famous Frost Bank Tower skyscraper is in background. Photo by Tim Brown.

“Capital MetroRail is a commuter rail[ system that serves the Greater Austin area in Texas, and which is owned by the Capital Metro. The Red Line, Capital Metro’s first and only rail line, connects Downtown Austin with Austin’s northern suburbs. The line operates on 32 miles (51 kilometers) of existing freight tracks, and serves nine stations.”