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3/20/24

Join the MCBA Dallas City Council Engagement Initiative meeting Wednesdays at 8:00am, contact Andrew for details

A Pro-Growth Metro Means Both Business and Family Friendly
Growth Should be Within the Inner Core of the Metroplex, not Just to the Fast-Growing Outer Areas
Subsidies to Businesses are Only Needed When Government has Failed its Residents

MCBA's Capital Bond Transparency Recommendations

On Friday, March 8, MCBA President and CEO Louis Darrouzet submitted an official letter containing seven recommendations for transparency and expenditure as a response to the city's proposed $1.25 billion Capital Bond. The city council's proposal should deeply concern the business community and all Dallas taxpayers, as it will place the city in an unsustainable financial position for years to come. Read the MCBA letter here.

Adopt-a-Block

MCBA President Louis Darrouzet was in the Dallas Observer this month to make the case for our new cleanup initiative, Adopt-a-Block. Please take the time to read his article, "Adopt-a-Block Wants to Make Dallas Sparkle"—where he argues that disorder is contagious, and we must work together to reverse it so that Dallas can become the most attractive city in America.

(Xtreme Heights Productions/Community Impact)

Growth Should be Within the Inner Core of the Metroplex, not Just to the Fast-Growing Outer Areas

The U.S. Department of Transportation awarded $80 million to the North Central Texas Council of Governments on March 13 for four transportation projects in the metroplex.

The funds will be used to build pedestrian bridges and plazas over or underneath different highways at four areas in Dallas and McKinney:

1. I-30 Canyon project Edit Sign in Dallas

Installation of support structures for three pedestrian parks to be constructed across the interstate

2. Klyde Warren Park (Phase 2.0) in Dallas

Extension of an existing pedestrian park further west

3. Southern Gateway Park (Phase 2.0) in Dallas

Complete a pedestrian crossing’s second phase to complete the plaza and connect two roadways

4. Lower 5 Plaza project in McKinney

Construct a pedestrian plaza beneath a raised bridge within the corridor

(Photo by Scott Olson/Getty Images)

Subsidies to Businesses are Only Needed When Government has Failed its Residents

Rising prices have been a concern for many Americans, and a recently released report sheds light on the cities in the United States that are struggling the most with inflation in 2024.

Analysts at Wallet H ub said the COVID-19 pandemic caused a 40-year high in the U.S. inflation rate but has since cooled down.

As of February 2024, the year-over-year inflation rate sits at 3.2%, which is still above the target rate of 2%. The Federal Reserve may cut interest rates this year rather than increase them further.

To help people understand how inflation affects their local economy, the personal finance company compared 23 major Metropolitan Statistical Areas (MSAs) using the Consumer Price Index.

This measures inflation by comparing the CPI for the latest month for which BLS data is available two months prior and one year prior.

Unfortunately, Dallas has reached the top five on the list, posing significant concerns for its residents.

According to the report, Dallas has emerged as the second-highest city in terms of inflation rate.