NewsMiami's Community NewspapersAugust 18, 2026Miami-Dade
Miami-Dade Mayor reports $7.6 billion funding gap for SMART transit program
The Miami-Dade Mayor submitted a report to the County Commission identifying a $7.6 billion funding shortfall for the SMART rapid transit program through 2045. The report also highlights a $120 million annual operating deficit for the transit system.
Read the full story at Miami's Community NewspapersWhy It Matters
The report confirms a significant long-term funding gap for planned rapid transit corridors, which may impact the timeline and feasibility of transit projects promised to residents for over two decades.
Key Facts
Each fact below is taken from the article. Click one to see the exact passage.
Who's Mentioned
organizationSouth Florida Regional Transportation Authority“The agency operating Tri-Rail, which would manage the proposed station.”organizationFlorida East Coast Railway“Owner of the rail corridor currently connecting to the port.”organizationBoard of County Commissioners“The governing body responsible for transit and zoning decisions.”locationMiami-Dade County“The jurisdiction managing the SMART Program.”other75,000“Number of people the idle rail line is designed to move.”locationPortMiami“The seaport serving as a primary destination for the proposed rail link.”personRaquel A. Regalado“Author of the proposal and member of the Board of County Commissioners.”locationMiami International Airport“The airport serving as the starting point for the proposed rail link.”organizationMSC“Company with a new headquarters planned at the Little River station.”otherSMART Program“A rapid transit corridor project.”