Quote:
Originally Posted by M1EK
SecretAgentMan is trying to assert insider knowledge but doesn't have the guts to put his name behind it, even though he's put my name out there and attacked it before.
electricon is a shill for a DMU company, supposedly.
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You're assuming again. I'm not a shill for a DMU company.
CapMetro barely raised enough money to build what they could afford, the DMU commuter rail Red Line to Leander. They don't have the money for the DMU commuter rail Blue Line to Manor nor extended it to Elgin without financial assisstance. Where do you think they could raise the money for the far more expensive Light Rail lines?
CapMetro is supporting by a 1% sales tax from Austin, Jonestown, Lago Vista, Leander, Manor, San Leanna, portions of Travis and Williamson Co.
Austin sales tax revenues for 2008 was 11,184,145.33, down 7.19% from 2007.
Jonestown sales tax revenues for 2008 was 6,145.17 , down 4.35% from 2007.
Lago Vista sales tax revenues for 2008 was 18,128.22, up 1.84% from 2007.
Leander sales tax revenues for 2008 was 107,181.80, up 2.63% from 2007.
Manor sales tax revenues for 2008 was 28,647.94, down 14.65% from 2007.
You're not going to build many miles of light rail with just $11+ million revenues being raised yearly.
Let's compare that to Dart. Dart is supported by a 1% sales tax from Addision, Carrolton, Dallas, Farmers Branch, Garland, Irving, Plano, Richardson, and Rowlett, plus a few other cities that will not be getting rail because they are so small.
Addision sales tax revenues for 2008 was 753,408.02, down 6.67% from 2007.
Carrolton sales tax revenues for 2008 was 1,590,509.63, up 30.92% from 2007.
Dallas sales tax revenues for 2008 was 16,849,424.43, up 8.55% from 2007.
Farmers Branch sales tax revenues for 2008 was 1,031,882.68, down 8.67% from 2007.
Garland sales tax revenues for 2008 was 1,716,851.07, down 9.02% from 2007.
Irving sales tax revenues for 2008 was 3,932,510.51, down 13.39% from 2007.
Plano sales tax revenues for 2008 was 4,868,240.96, down 17.08% from 2007.
Richardson sales tax revenues for 2008 was 1,555,149.30, up 0.47% from 2007.
Rowlett sales tax revenues for 2008 was 437,284.40, down 14.37% from 2007.
Some cities revenues were up and some were down for 2008.
None-the-less, they collectively raised almost $33 million for Dart last year. Dart has been collecting sales taxes from these cities for over 25 years. Add Federal subsidies and locally collected fares, Dart raises significantly (3 times) more revenues than CapMetro. Even so, over 25 years, Dart has built just 45 miles of light rail, and will be building another 45 miles before 2018.
To build 30+ miles of light rail to Leander from downtown Austin, CapMetro will need up to 3 times the duration (50-75 years), assuming the same levels of service for bus and rail.
I still believe CapMetro needs to look at cheaper alternatives when it comes to rail transit.