"Plenty of Room for Error," a new study released by the Reston Citizens Association, demolishes the shaky financial footings of Dulles Rail Phase II and vindicates The Washington Examiner's repeated warnings that this $3 billion-plus mass transit project is not financially viable. The 81-page analysis by RCA board member and retired federal economist Terry Maynard eviscerates the toll and revenue forecasts prepared for the Metrorail extension to Washington Dulles International Airport by Wilbur Smith Associates Inc. The key problem lies in how much revenue to expect from the Dulles Toll Road, funding without which the rail project simply cannot continue.For the rest of this Examiner local editorial, click here.
Reston 20/20 is an independent Reston citizens committee dedicated to sustaining Reston's quality of life through excellence in community planning, zoning, and development.
Reston Spring
Wednesday, February 15, 2012
Examiner Local Editorial: Gaping holes found in Dulles Rail revenue projections, Washington Examiner, February 15, 2012
Labels:
Dulles Toll Road,
Financing and Taxes,
Metrorail,
Silver Line,
Tolls,
Wilbur Smith Associates
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