Corrupt Consutants Used to Estimate Toll Revenues

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   Wow.  Consultants are intentionally over-estimating revenue projections for toll road projects across the country.  And who picks up the tab when the revenue isn't generated? Taxpayers.

	I attended the 95 HOT meetings, and I can tell you that they really have no way of knowing how much revenue will be generated.  This in an environment ripe for corruption as the article documents.

	http://www.denverpost.com/news/ci_3871773

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Bob Members Profile Find Members Posts New Slug Joined: 14 Dec 2001 Status: Offline Points: 0	Post Options Post Reply Quote Bob Report Post Thanks(0) Quote Reply Topic: Corrupt Consutants Used to Estimate Toll Revenues Posted: 08 Jun 2006 at 3:31pm
	Wow. Consultants are intentionally over-estimating revenue projections for toll road projects across the country. And who picks up the tab when the revenue isn't generated? Taxpayers. I attended the 95 HOT meetings, and I can tell you that they really have no way of knowing how much revenue will be generated. This in an environment ripe for corruption as the article documents. http://www.denverpost.com/news/ci_3871773

SpongeBob Members Profile Find Members Posts New Slug Joined: 06 Oct 2004 Location: VA Status: Offline Points: 0	Post Options Post Reply Quote SpongeBob Report Post Thanks(0) Quote Reply Posted: 08 Jun 2006 at 4:09pm
	Hey, Dog Bites Man, what a surprise. Tollers shop around the "consultants" until they get revenue projections that fit their needs. Unfortunately for us, the level of traffic on 95/395 is so huge that their projections won't need to be inflated to secure bonds for our Tool Road. In fact, the estimates will be low, because Fluor/Transurban cannot publish a study with the true eventual rates of >$30 one way from F'burg. If those projected rates from the MWCOG ever get in a front page article in the Post, the Limo Lanes argument is back in play. Bob, we all appreciate you keeping an eye on that bubbling HOT pot for us!