Quote:
Originally Posted by WorldTexas
From today's Statesman. The cost seems to be the only thing holding back the line from going forward. With all the new emphasis on multi-modal transit both here and in Austin, I hope that they can find the money to make this operational sooner rather than later.
It would be a great compliment to the new streetcar and BRT lines that will be based out of the westside terminal.
http://www.statesman.com/news/local/...s-2061235.html
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Funding has been the major financial hurdler for most new commuter rail lines.
Little to no Federal
FTA New Starts funds have been allocated for constructing new commuter rail lines. Here's a recent list of new commuter rail lines....
DCTA A Train = 0
CapMetroRail = 0
Northstar = 0
WES = 0
UTA Frontrunner = 0
NM Railrunner = 0
NCRD Sprinter = 0
NCRD Coaster = 0
NJT Riverline = 0
TRE = 0
All using diesels for propulsion.. The sole exception I have found is RTD's East line to Denver International Airport. Maybe because it's using electric propulsion might be why it got a significant share of FTA New Starts funding?
I wouldn't plan getting any FTA funds for a rail project governed by the FRA. Recent history on that front doesn't look promising. With the cities of Austin and San Antonio committing large sums for new streetcar lines, there isn't going to be much local money left over for investing in this commuter rail line. So, that leaves the State of Texas as the only source to ante up and fund a significant percentage for this train. That isn't likely. Worse of all, the organizing board for this train doesn't have any power to levy any taxes, it relies on partners to fund it.
So funding will be the achilles heel for this train...