Glenn Downing: Oversees tax fund to increase mobility in Miami-Dade
Written by Jesse Scheckner on January 8, 2019
As chairman of the Citizens’ Independent Transportation Trust (CITT), certified financial planner Glenn Downing leads a 15-member board in overseeing the People’s Transportation Plan (PTP) to expand mobility solutions in Miami-Dade with funds from the half-percent sales tax known as the “half-penny.”
Mr. Downing, elected chairman in 2017, will this year celebrate nine years with the trust, having served previously as vice chair and chairman of its strategic and financial planning committee. During his tenure, the trust used PTP dollars to extend the Metrorail Orange Line to Miami International Airport and funded the purchase of 136 Metrorail cars and 300 compressed natural gas Metrobus vehicles.
Other related projects in various stages, he said – including studies and development of six corridors prioritized for rapid transit expansion through the Strategic Miami Area Rapid Transit (SMART) Plan – will further improve the county’s traffic congestion and transit problems.
“It’ll get better,” he said. “[County transportation officials estimate] that during the summertime, when traffic is easy, there’s only a 5% reduction of cars on the road, but when you’re driving it looks like half the cars are gone. Can you imagine how nice everything would be here if we had a 5% reduction in car use [year-round]? We [need] transit for that to happen.”
Mr. Downing, founder and principal of investment advisory firm CameronDowning and board member of the Financial Planning Association of Miami, sat down with Miami Today reporter Jesse Scheckner. The interview, recorded by Jahmoukie Dayle, can be found Friday at http://bit.ly/2uNHy0Q.
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