The Bi-State Development Agency is an interstate compact formed by Missouri and Illinois in 1949. Since February 2003 the agency has been doing business as Metro. It operates with a budget of $160 million, which is funded by sales taxes from the City of St. Louis and St. Louis County, the St. Clair County Illinois Transit District, federal and state grants and subsidies, and through fare paying passengers.
Read more about Bi-State Development Agency: System, History, Governance, Funding, Fares, Security, Plans
Famous quotes containing the words development and/or agency:
“I do seriously believe that if we can measure among the States the benefits resulting from the preservation of the Union, the rebellious States have the larger share. It destroyed an institution that was their destruction. It opened the way for a commercial life that, if they will only embrace it and face the light, means to them a development that shall rival the best attainments of the greatest of our States.”
—Benjamin Harrison (1833–1901)
“It is possible that the telephone has been responsible for more business inefficiency than any other agency except laudanum.... In the old days when you wanted to get in touch with a man you wrote a note, sprinkled it with sand, and gave it to a man on horseback. It probably was delivered within half an hour, depending on how big a lunch the horse had had. But in these busy days of rush-rush-rush, it is sometimes a week before you can catch your man on the telephone.”
—Robert Benchley (1889–1945)