The Hidden Cost of Rail Transit

Pity Capital Metro, Austin’s transit agency. It has an opportunity to include bus-rapid transit stops on a freeway that is now under construction–but it doesn’t have the funds to pay for them.

The Texas Department of Transportation, which is building the freeway, needs $18 million from Capital Metro now to buy the extra land needed for the bus stops. But Capital Metro doesn’t have it. Nor does it have the $105 million more needed to actually build the bus stops.

Where could it get the money? The best way would be to shutter the agency’s pathetic, 32-mile commuter-rail line. In 2015, Capital Metro spent more than $20 million operating and maintaining this line, but received less than $2.5 million in fares. The trains carried fewer than 1,500 round trips per day, which means each daily round-trip rider cost taxpayers nearly $12,000.

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