Disclaimer The opinions expressed herein are my own personal opinions and do not represent my employer's view in anyway.
Now if only Southeastern Wisconsin could learn from Denver's problems:
A detailed financial analysis of RTD's FasTracks plan shows that the six new train lines and other transit improvements could cost $2.5 billion more than originally forecast.The draft analysis obtained by The Denver Post shows FasTracks trains and other improvements could cost $6.5 billion, almost 65 percent higher than the price sold to metro Denver voters in 2004....To pay for a sizable portion of the FasTracks expansion, RTD asked voters in the eight-county metro region to increase the agency's portion of local sales-tax collections from 0.6 percent to 1 percent. The ballot measure passed with about 58 percent of voters approving, and the sales tax increase went into effect on Jan. 1, 2005. RTD plans to combine sales and use tax proceeds with federal transit dollars and other sources of money to construct new train lines from Union Station to Lakewood/ Golden, Arvada/Wheat Ridge, Boulder/Longmont, north Adams County and DIA, as well as a light-rail extension in Aurora's Interstate 225 corridor.
Gee... sound familiar anyone? Hello... KRM? Via On Deadline.