Home  Blog Examining the cost of a tunnel
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Examining the cost of a tunnel |
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One of the major concerns that people have with building a new Metro entrance is its cost. The WMATA study estimated the cost of the tunnel at $11 million -
and that includes a 20% overrun contingency. The Montgomery County
Council has budgeted $494 million for its transportation capital
program from 2007-2012. They have already appropriated $156 million
for 2007. Even if the county paid every cent of the tunnel by
itself (which it most certainly would not, because state money, federal money, and WMATA money will also be involved), the tunnel cost amounts to just 2% of its capital
budget.
For comparison's sake, take a look at the county's budgeted spending over 2007-12 for
some of the other individual projects:
Silver Spring Transit Center - $67.2 million
Montrose Parkway West - $32.3 million
Silver Spring Parking Renovations - $18.6 million
Father Hurley Blvd. Extension - $15.4 million
Clarksburg Town Center Roads - $9.5 million (in 2006)
http://www.montgomerycountymd.gov/content/omb/FY07/ciprec/vol1/19_capprogtotal_trans.pdf
http://www.montgomerycountymd.gov/content/omb/FY07/ciprec/vol1/19_230rpt_trans.pdf
-Adam P. |
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