No Riders, No Money...But Who Gets To Estimate Riders?
KOIN reports that the Federal Transit Administration has altered one of the formulas it uses to compute ridership figures. And the new formula is going to cost TriMet nearly $20 million:
Federal officials have trimmed $20 million from their contribution to a proposed Beaverton-to-Wilsonville commuter rail line. The rail was estimated to cost $123 million. TriMet had projected 4,000 riders daily, but a change in how the Federal Transit Administration figures ridership drops that number to 3,000.
According to
an Oregonian story, the ridership figures are based on "the number of people who live in an area, expected growth, the number of businesses and how many people use existing public transportation along the same route."
Post Author:
amg | 11:26 AM |
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