Miami Abandons Plan for $2.5 Billion Bond After Transit Backlash

Miami, Florida.

Photographer: Alexander Spatari/Moment RF/Getty Images
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Miami-Dade County is scrapping a $2.5 billion debt package after backlash the proposal failed include funding to improve one of the worst transit networks in the nation.

The property tax-backed bond, originally slated to be put to vote later this year, is now being redrawn and will be pitched again in 2026, according to Mayor Daniella Levine Cava. Under the original proposal, most of the money would be used for housing, climate resiliency and sewage infrastructure. Transit wasn’t included.