First, Larry Abraham blew the proverbial whistle on the debacle that is the Rail Runner. His was the first real public accounting for the train’s shaky finances. Today, the Journal ran another article noting that the State will need to pony up another $16 million for track and system maintenance.
The legislator who we can thank for bringing this additional information to the public is GOP freshman legislator Alonzo Baldonado. The Legislative Finance Committee is due to report on the Rail Runner and its finances this November and I’m sure that report will contain further bad news and bombshells. Specifically, as Mark Mathis wrote in his excellent — albeit unposted on the web — article this morning, the $16 million is just the beginning of the train’s maintenance costs. Taxpayers will have another massive bill foisted upon them in a few decades (again) to keep the crazy train moving down the tracks.
Thanks to Mathis for helping to lead the (at this point small) chorus calling to stop the RailRunner in its tracks and before it bankrupts us.