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CFO Sink Promotes Florida to Federal Railroad Administrator on Eve of Application Deadline

10/2/2009

CONTACT: Kyra Jennings or Kevin Cate, (850) 413-2842
 
TALLAHASSEE—Florida CFO Alex Sink met with Federal Railroad Administrator Joseph C. Szabo yesterday to advocate for Florida to receive federal funds for the state’s rail projects.  The meeting fell on the eve of today’s application deadline for the billions of dollars in stimulus funds set aside for rail projects, that could mean up to 25,000 jobs for Floridians. 
 
“Not only are high-speed, inter-city and commuter rail essential for helping move Florida’s economy forward, but funding of these projects could mean the creation of much-needed jobs in our state,” said CFO Sink.  “During my meeting with Administrator Szabo I urged President Obama’s Administration to fully fund Florida’s rail applications, helping us get our state moving again and giving Floridians more of our tax dollars back.”
 
CFO Sink previously sponsored a Cabinet Resolution supporting these projects and urging President Obama, U.S. Transportation Secretary Ray LaHood and Federal Railroad Administrator Szabo to fully fund Florida’s applications. Read the Resolution in full here. 
At the meeting, CFO Sink emphasized that the development of high speed and intercity rail will catalyze the strong regional and local rail projects, reduce congestion and air pollution and promote better growth management.  She spoke with Administrator Szabo about all of Florida’s applications, including the $2.5 billion request for the “shovel-ready” Tampa-Orlando High Speed Rail Corridor that can be built faster than any other project in the country and would provide full service within 5 years.
 
“Especially given the unprecedented economic challenges our state is facing, I feel it is important to do everything I can to support these important projects,” CFO Sink continued.  “Our tax dollars are going up to Washington, and we deserve to get them back in Florida, investing in projects that will help our state create jobs now and build a stronger economy in the future.”
CFO Sink has been a tireless advocate for the comprehensive development of Florida’s infrastructure system as a key component in creating a stronger economic future for the state.  
 
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As a statewide elected officer of the Florida Cabinet, CFO Alex Sink oversees the Department of Financial Services.  A successful businesswoman with nearly three decades of experience in the private sector, Sink is serving her first term as Florida's CFO.  As CFO, Sink's priorities include using her business experience to cut wasteful government spending, cracking down on financial and insurance fraud and reforming the state government's contracting practices.