Quote:
Originally Posted by Novacek
So Leander has been making noise for a while now about withdrawing from CapMetro. IMO, this would be short sighted, now they they finally have TOD coming online (Leander Northline) and with Project Connect upcoming in a few years (light rail connections from the red line, Broadmoor and McKalla red line stations, etc.).
The CM board has a special meeting this week to discuss it
https://www.capmetro.org/docs/defaul...rsn=a9212441_2
The Leander city council paid for a study on this
https://destinyhosted.com/leanddocs/...2021_Final.pdf
Among other things, the consultants claimed that Leander could contract for rail service for $10M /year. Problem is, they didn't actually ask CM about that.
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I am really struggling to see how they came to the $2,830/hr for rail. The only way I was able to make the math work based on the FY2020 NTD data that they claim to source is to combine the 2020 rail operations, 2020 rail capital expenses, and 2020 light rail capital expenses which is pretty bogus. I pulled a bunch of data from the FTA website to compare 2020 and 2019, and there are some interesting numbers here:
https://imgur.com/a/wI2T3sy
Interesting to note that service hours were not that much higher in 2019
Key take aways, if you only account for operations, you end up with a cost per revenue hour of only $1000. Its bs to add the light rail capital expenses to the calculations. Not sure about the hybrid rail expenses for 2020 (how much of that is Prop A financed? Is leander paying for prop A?)
Regardless that entire study seems to be based on the idea that eliminating rail would save the city a bunch of money which I think misses the point. I think the greater issue here is that 1¢ tax burden ends up being pretty high compared to the service that Leander actually gets from Capmetro, so I can understand Leander wanting to re-evaluate, but making their own system is gonna set them back so much time (and maybe not even save them that much).
I think Capmetro should base Leander's cost on what services are actually given + amortization of the improvements that were made. Sure, it would be a loss of potential revenue, but I think it would be much more valuable to the ATX-metro area in the long run. I imagine this would make having a commuter rail connection for other cities/communities on the rail that capmetro already owns more attractive.