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On 1/17/2025 4:13 PM, Frank Krygowski wrote:Same thing happened with the Ohio Turnpike just a few years ago. People blamed the Republican-controlled legislature.On 1/17/2025 2:17 PM, AMuzi wrote:Impossible to know. Too convoluted, just like most government accounting (which practices would land me in prison post haste).>>
This line?
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https://sfstandard.com/2024/08/02/bart-silicon-valley- extension- funding/
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Seems to be 'in progress' as of last summer.
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For the whole system, fares cover a whopping 22% of operating expenses (that's negative ROI on capital), more than most passenger rail systems.
Hmm. I wonder what percentage of, say, I-880 or I-680 operating expenses are paid for by fares. Anybody got a figure?
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Regarding tolls, I remember when Illinois paid off its original Interstate bonds, at which point the toll booths were supposed to go away. Never happened because it's a slush fund for politicians and the civil service.
But if you meant the road tax, that's different everywhere you go and depending on where you are 2% to 20% of road tax doesn't go to roads:My overall point is, we've obviously decided to subsidize road transportation. It's not immediately obvious why we should not subsidize rail transportation. Asking fares to cover all expenses skips over that point.
https://reason.org/policy-brief/how-much-gas-tax-money-states-divert- away-from-roads/
And, in the other view, road taxes don't cover road maintenance expense, as far as we know:
https://taxfoundation.org/data/all/state/gasoline-taxes-and-user-fees- pay-only-half-state-local-road-spending/
So every argument can be both right and wrong, depending.
Short answer: it's a mess and a muddle. Which suits the insider beneficiaries just fine.
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