Tuesday, May 1, 2012

RTD Pulls Plug

RTD finally drops the illusion that the over-the-top proposal designed in 2004 was going to be funded in the 2012 economy.  The plan, which was proposed and promoted as a political solution with only a minimal connection to fiscal reality, nearly doubled in cost from $4.7 billion to $7.8 billion.

Now RTD, with hopefully a new sense of realism and no longer beholden to the planners who conceived the 2004 mirage, can come up with a bus-train solution that fits today’s public finance capacity and a non-political cost benefit analyses. 

And, wouldn’t it be a real success story for metro mobility if area roads and bridges got into the comprehensive financial plan instead of the narrow focus on just rail?

1 comment:

Jeffrey Fischer said...

Floyd,
It is the focus on realism that is scary. RTD has become a delusion when it comes to mass transit. If you ask them about the DRCOG studies from the early days the the master transportation maps they go glassey.
Unfortunately, we are stuck with people who have no comprehension of an integrated transit plan even though that is what they promised the voters to create the district.