[Tampa, FL] The Tampa Tribune has obtained a state report that contradicts much of what Gov. Rick Scott said were his reasons for saying no to federal funds earmarked for a high-speed rail route that would have run between Tampa and Orlando.
According to the story, two separate firms hired by the state to analyze cost projections and ridership numbers concluded that by 2026, a high-speed rail line between Tampa and Orlando would make a profit of between $31-$41 million dollars.
That is in stark contrast to Scott’s assessment that it will lose money and be a “boondoggle.” Scott recently pointed to a report in California that their system was facing huge cost overruns.
The Tampa Tribune story says that Scott was briefed on the two studies before making his decision, proving that the governor did indeed ignore the financial experts and focus squarely on the Reason Foundation’s politically-motivated assessment of high-speed rail.
Even more damning was that when the two firms added in the revenues from the projected route between Miami and Orlando, the positive numbers soared.
By: Mark Christopher/Sunshine Slate
Photo: Jon Curnow
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