If ever there was a ferociously fishy foregone conclusion, it's Florida Development Finance Corp.'s impending decision to approve $1.75 billion in tax-exempt, private activity bonds so All Aboard Florida can get funding. FDC has already gleefully included its share in its draft budget for the current fiscal year. Check out the $1.8 million under "pending revenue." (All Aboard Florida on June 19 received a six-month extension to sell the tax-exempt bonds.)
