[Mpls] Re: lrt delayed for a year

[Bruce Gaarder]

Dyna trots out calculations of interest on the capital cost of building the
lrt line and alleges that those costs are affected by not running the
trains.

Those costs are wasted anyway because nothing repays those costs.  Ever.
That money is gone.

The train fares will only cover 1/3 of the operating and maintenance costs, so
if the annual cost is "only" $9 million, that means that fares would be
only $3 million and not operating it saves up to $6 million.  Not that
much because of met council and metro transit overhead, but still most of
that.


Visit www.EffectiveTransit.org

The Independent Unsubsidized Voice of
Citizens for Effective Transit in the Twin Cities  (no lrt)

* lrt isn't a potato chip, you can stop at just one *

Bruce Gaarder
Highland Park  Saint Paul  MN
bruce_gaarder at acm.org