First it was to cost $72 million, $47.6 million of it from a federal government grant.
In April 2013, the estimated cost of Atlanta’s 2.6-mile streetcar line to $99 million. (Watch for it to go even higher!)
The official Streetcar site estimates that operating the streetcar will cost $1.7 million annually in 2013 dollars. (It also lists capital costs at $92.6 million.) Back in 2012, the federal government put the annual operations cost at $2.6 million.
But WSB-TV in Atlanta reported this week that the price is now 70 percent higher than original estimate: Operations are now projected to cost $4.4 million.
Read Benita Dodd’s recent op-ed in the Atlanta Journal-Constitution on the Streetcar: http://www.georgiapolicy.org/transit-relic-wont-help-transportation/#ff_s=n82x.
The Georgia Public Policy Foundation is our state’s leading organization promoting government transparency. The Secretary of State’s office shares the Foundation’s commitment to transparency and responsible stewardship of taxpayer dollars, which is why our agency was the first in Georgia to publish its budget and spending data on a public transparency website.