Portland is a PR machine for light rail & streetcar
Here are Some Facts About Portland Oregon
The Cost of Light Rail Including the Local Matching Dollars (ignoring Federal money)
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MAX construction costs rounded to whole number of millions of dollars (last 3 col. adj to 2010) | |||||||||
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MAX Line |
Cost |
Fed % |
Fed $ |
Local $ |
Opened |
inflation |
Cost$ |
Fed $ |
Lcl $ |
|
I205 |
575.7 |
72 |
415 |
161 |
Sept_2009 |
1.092 |
628.7 |
453 |
176 |
|
Interstate |
350 |
74 |
259 |
91 |
May_2004 |
1.1526 |
403 |
299 |
105 |
|
Airport |
125 |
0 |
0 |
125 |
Sept_2001 |
1.2225 |
153 |
0 |
153 |
|
West |
963 |
73 |
703 |
260 |
Sept_1998 |
1.3323 |
1283 |
937 |
346 |
|
East |
214 |
83 |
178 |
36 |
Sept_1986 |
1.9779 |
423 |
352 |
71 |
|
|
|
|
|
|
|
|
|
|
|
|
TOTALs |
|
$2,228 |
$1,555 |
$673 |
Constant $: |
|
$2,890 |
$2,041 | |
Construction costs:
Interstate MAX: http://trimet.org/about/history/yellowline.htm
Opened: May 1, 2004; Cost: $350 million; Federal Transit Administration: 74%
Airport MAX: http://trimet.org/about/history/redline.htm
Opened: Sept. 10, 2001; Cost: $125 million; no federal dollars
Westside MAX: Blue Line http://trimet.org/about/history/westblueline.htm
Opened: Sept. 12, 1998; Cost: $963 million; Federal Transit Administration: 73%
Eastside MAX: Blue Line http://trimet.org/about/history/eastblueline.htm
Opened: Sept 5, 1986; Cost: $214 million; Federal Transit Administration: 83%
Green Line MAX: http://trimet.org/about/history/greenline.htm
Opened: Sept 12, 2009; Cost: $575.7 million; Federal Transit Administration: 72%
Explanation of the above columns
MAX Line.Trimet Light Rail Line
Cost $.........Trimet's stated cost from the Trimet web site from links stated above.
Fed %.........Trimet's stated Federal percentage of the cost from the listed Trimet web site link.
Fed $..........Federal contribution to the LRT line calculated from the Fed %
Local..........The local portion of the cost (Cost-Fed $)
Opened.......Trimet's stated opening date.
Inflation .....http://inflationdata.com/inflation/Inflation_Calculators/Cumulative_Inflation_Calculator.aspx calculated from opening date month & year to mid year 2010 (June )
Cost $.........Inflation adjusted cost
Fed $..........Inflation adjusted Federal dollars
Lcl $...........Inflation adjusted local dollars
Calculation:
$851 million local match x 0.0806 annualizing factor for LRT = $68.59 million annual cost.
|
Trimet’s stated MAX annual passenger-miles: |
|
208,779,167 |
From 2010 NTD |
|
Annual cost of local match dollars (calculated below): |
|
$68,590,000 |
From Below |
|
Local match cost per passenger-mile ($66,820/208,779) : |
|
$0.33 |
|
|
Trimet’s stated Operating cost per passenger-mile: |
|
$0.51 |
From 2010 NTD |
|
Resultant Real cost per passenger-mile (ignoring Federal $): |
|
$0.84 |
|
For comparison:
The cost of the lowest cost bus line (the kind of line Trimet replaces with LRT): $0.34
The cost of driving a car: $0.254
Local cost of MAX Construction from Trimet