Smart City (SC) strategies developed by local governments reflect how governments and planners envision SC and apply smart technologies, and what challenges they face and try to address. Little attention, however, has been given to investigating SC strategies or applications, especially in the U.S. context. Moreover, there is insufficient attention paid to whether SC strategies address social issues such as equity and public participatory opportunities. Based on the documentation from the U.S. Department of Transportation 2015 Smart City Challenge, we developed a framework to evaluate SC strategies on urban transportation systems using six standards: Safety, Mobility, Sustainability, Opportunity, Efficiency, and Equity. In addition, we synthesized the challenges U.S. smart cities encounter, and SC strategies proposed by local municipal governments to tackle them. Our findings show that most SC strategies aimed to improve Efficiency (78%) and Mobility (57%), while less attention has been given to providing Equity (8%) or Opportunity (7%). The most well-acknowledged challenge that the local governments face is the limited data and tools for decision-making, with 416 SC strategies (27%) proposed to address related issues. Our framework and results contribute to the future SC strategy evaluation and inclusive smart city development. Our study also identified a broad spectrum of available SC strategies planners and policymakers can refer to when designing an SC or overcoming SC challenges.