This spring the Fairfax and  Loudoun County Board of Supervisors will be required to make a final  decision to opt in or out of Phase II of the Dulles Rail project. Rail  through Tysons past the airport and into Loudoun is the largest public  works project in the history of the Commonwealth and it has significant  financial implications to the counties, its residents and businesses,  and especially to the users of the Dulles Toll Road. As the Dulles  corridor and Tysons are the economic engines of the region and the  Commonwealth the project also has telling implications on our future job  growth.
  
Dulles  Rail enjoys overwhelming support among residents of both counties for  its perceived transportation benefits. What many fail to realize is that  Phase II falls short as a transportation project. For example Federal  Transportation Administration administrator Peter Rogoff clearly told  the Board of Supervisors the project fails to meet even President  Obama's liberalized cost benefit standards for new transit projects.  This is why the federal government is not able to contribute to the cost  of Phase II.
  The project will only increase the transit ridership mode split in the corridor by approximately 3 percent-5 percent in 2025.
  Because  there are no express routes and over 14 stops, the trip from Dulles  Airport to the Potomac River on a completed Silver Line is projected to  take over one hour (average speed less than 25 MPH) — longer if they  fail to figure out the current congestion at the Rosslyn crossing. There  is no time advantage over the car or express bus.
  According  to the project's projections, the Dulles airport station will only  generate about 10 percent of the traffic on the Silver line, the  majority being airport employees, not travelers, and handle less than 15  percent of the airport's total traffic.
  That  said, the project has the potential to be a huge economic boom to the  corridor and Fairfax County; at least it did until the cost went up  along with the projected tolls on the Dulles Toll Road that will finance  75 percent of the project. The new projections of the tolls necessary  to finance the debt have not been released. Even with federal TIFIA  financing that pushes the first debt payments out 10 years, it is a good  bet that the tolls will exceed $8 each way by 2020 excluding the  Greenway. . . .
For the rest of this excellent overview of the need for a better financing plan for Metrorail, 
please click here.  
 
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