Quote:
Originally Posted by nixcity
and how it has hurt bus transit by syphening off money
|
In fact, the Red Line has be
subsidizing bus service for over a decade.
Every year, CapMetro takes in ~$50M from the quarter cent "rail tax", and then spends $13-$17M running the red line.
The rest subsidizes the rest of the budget.
Without the red line, the quarter cent rail tax isn't politically tenable. This has been proven time and time again.
Quote:
Originally Posted by nixcity
or by taking money from a quality light rail line that could have had subsidies under $3.
|
What "quality rail line"? That ship sailed with the 2000 vote (if it could ever have happened). It wasn't getting built after that, even absent the rail line.
Rather than making stuff up (like "worst rail Line in the country"), how about we look at actual numbers.
CapMetro spent like $120M on the red line by 2010. Also, at that point, they were basically bankrupt.
But under the 2000 plan, they were supposed to have ~$360M to spend on rail even earlier than this, by 2007.
It wasn't the red line that made CapMetro light rail impossible. It was the quarter cent givebacks and the rest of the unbalanced budget.