I stand amazed that our elected officials continue to be short-sighted and hands-off when it comes to long term planning in Collin County.
We are faced with a light rail mass transit system from DART that will cost hundreds of millions to extend from Plano into Frisco, McKinney, and beyond. The estimates are that it would take roughly $20 million to build 1 mile of rail line. This would place the dream of DART Rail expansion from Plano to McKinney? at over $200 million if we started now. Even Frisco would cost almost half of that amount. A rail line that services even half of the county could run into the billion dollar range.
The need is here today because gas is at $4 a gallon, but we need to plan for tomorrow, even if gas goes down in price. It takes more than knee-jerk reactions to the morning newspaper to build a better future for the county. We need a vision for all of our cities that will serve as a guideline for the future.
The benefits to rail expansion are very real. We are faced with the prospect of doubling the citizenship of Collin County by the year 2030, yet we have NO county-wide mass-transit system. In Dallas, the value of office properties that reside near DART Rail increased 53% more than comparative locations without rail service. Residential neighborhoods serviced by rail increased 39% in value more than other locations.
The University of North Texas Center for Economic Development and Research estimated more than $8.1 billion in economic activity stemmed from the North Texas region’s investment of $4.86 billion to build the current and planned rail systems. When we consider the growth potential of our future, it’s vital to consider how much the entire county will benefit from this planned expansion.
This is project that benefits the entire county, so we need to treat it as such. Can we afford it? Yes. Collin County’s Transportation Budget for 2008 is less than one fifteenth of the $255 million annual budget. This year’s budget increased only 1.84% over 2007, while the county’s revenue increased 11%. Even if we doubled that amount to support a bus and rail system, we would be well within our fiscal guidelines for the county.
The solution is simple. In order to kick off mass transit for Collin County, we need to concentrate on a bus system first, that allows all citizens to enjoy the benefits of mass transit while preparing for the rail system. And our County Commissioners need to step up to the plate and be prepared to use some of the windfall in our County budget to kick-start the rail system.
These facts and figures are available at DART.org and at Co.collin.tx.us.
Thursday, July 10, 2008
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