Wednesday, January 12, 2005
'Transit Math' Takes a Hit in NC
FEDS HIT BRAKES ON RAIL MONEY
A federal agency questions the assumed benefits of commuter rail in the Triangle.
By BRUCE SICELOFF, Staff Writer
The Federal Transit Administration has changed its rating of the Triangle's proposed commuter rail service from "recommended" to neutral, saying it cannot endorse the $695 million project until it resolves new doubts about its benefits.
The Triangle Transit Authority, which hopes to start running commuter trains in 2008, is counting on federal funding to cover 61 percent of the system's cost. Without that money, the project is dead.
Federal officials are not questioning how fast TTA trains will run or how many people will ride them. Instead, they are skeptical about how slow the alternatives would be.
Read the News & Observer story here
Time projections map here
A federal agency questions the assumed benefits of commuter rail in the Triangle.
By BRUCE SICELOFF, Staff Writer
The Federal Transit Administration has changed its rating of the Triangle's proposed commuter rail service from "recommended" to neutral, saying it cannot endorse the $695 million project until it resolves new doubts about its benefits.
The Triangle Transit Authority, which hopes to start running commuter trains in 2008, is counting on federal funding to cover 61 percent of the system's cost. Without that money, the project is dead.
Federal officials are not questioning how fast TTA trains will run or how many people will ride them. Instead, they are skeptical about how slow the alternatives would be.
Read the News & Observer story here
Time projections map here
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