Takes longer, costs more, less return. Same story as others
Funny how they these “tolls” will solve everything.
The company that built the first toll road around Austin went bankrupt after less than 2 years in operation. It was a company from Spain so no sympathy there.
“...repay some of the $230 million it owes ...”
“The tolls are expected to generate about $6.9 million in their first year, according to a 2011 study, and about $48 million over five years.”
Take into account interest, maintenance, salaries and inflation and it will be actually paid off when?
And nobody uses the toll lanes unless need is upon them. And there are places where you have to merge with toll road. If tolls were a half or even a third, folks would be using them all the time and everyone would be happier.
Sounds like the California bullet train
Be happy Texans. They will come for more taxpayer money to make up all short falls
Austin has never met a budget increase it didn’t love.