1 – Revenue is Passengers multiplied by Fare.
2 – Cost projection for Principal and Interest based on $10B TCR Construction Estimate, at bond rates.
3 – Cost projection for high risk private capital.
4 – Cost projection for M&O. Estimated at .50 per passenger mile. M&O does not include any costs for property taxes or other costs except those above.
5 – Income / $-Loss Should your state and federal dollars subsidize this project?
Links to Independent References
HSR Cost Article
SW Airline Ticket Pricing
TXDOT Report Projecting 3.3m Passengers Fly Annually Between HOU/DFW
This project is a highly questionable proposition. While most projects promise future “value” in access to new roads, or conventional rail lines, dividing Texas is the TCR promise. It is my opinion that TCR offers no benefit to Texans or to the 240 miles of Texas property negatively impacted.
Texans Must Act Now: TCR is strongly promoting their agenda in Washington and Austin. The Surface Transportation Board (STB) and the Federal Railroad Administration (FRA) are hearing claims of compliance with the federal requirements of the National Environmental Policy Act (NEPA). TCR says they have satisfied the NEPA requirements in determining final route selection yet the lack of interaction with local citizens and elected officials should cause every Texan to question that claim.
TCR has threatened Texas property owners along the proposed route with the threat of using the courts to take their property. TCR is already using the courts to force property owners to allow survey crews on private property.
Bottom Line: This project has no profitable comparison in the world. TCR wants to use eminent domain to take the property of Texans for a project with all the earmarks of a losing proposition. Make your voice heard – Say NO to TCR’s access to eminent domain and taxpayer dollars by calling your US Congressman and Senators, State Representatives and Senators, and local officials today!
God Bless Texas!
State Rep Cecil Bell, Jr.
This calculator is yours to share with other concerned citizens. CBJr