Our commentary is: these are staggering increases forecast for the toll potential of the Dulles Toll Road, exactly the same road!For the full TOLLROADSNews article, click here.
The forecasts of revenue seem tailored to what the operators want to be forecasted as a revenue stream rather than its real world potential - which is going to be the same regardless of who is looking for revenue and why.
In other words they look more like a dressing up of the client's wishful thinking in the garb of professional analysis than an objective assessment of revenue potential.
Selling bonds on this basis looks problematic.
WSA 2009 and even more so CDMS 2012 also seem to involve pushing a lot of traffic off the tollroad and onto local streets. You have to wonder how viable that is as policy.
NOTE: we welcome any comment/rebuttal from MWAA and CDM Smith.
Reston Spring
Reston Spring
Thursday, March 1, 2012
Shifts in Wilbur/CDM Smith traffic, revenue and toll rates forecasts for Dulles Toll Road charted by Reston economist, TOLLROADSNews, March 1, 2012
The following is an extract from the subject news item which discusses the graphics published here earlier today:
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