Florida Gov. Rick Scott announced Friday that he will not make a decision about moving forward with the $1.2 billion SunRail project until July despite the fact that the project had been approved by the Legislature.

SunRail is a long-planned commuter rail project in central Florida designed to ease crippling traffic congestion largely caused by mega-theme parks and other major entertainment venues in the Orlando area.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.