VTA officials should stop dismissing federal finding that their estimates are off by four years and $2.2 billion
For nearly a year now, the Santa Clara Valley Transportation Authority has known that the federal government has serious doubts about the cost estimates and timeline for a planned BART extension through San Jose.
That’s simply unacceptable. Especially when the federal analysis, which VTA finally released this month, concludes that the transit agency’s “highly aggressive” estimates understate the construction time by four years and the cost by $2.2 billion.of late and overbudget taxpayer-funded transportation projects. There’s now good reason to question whether the six-mile BART extension from the Berryessa/North San Jose station through downtown to Santa Clara will become the latest example.
The VTA has already gone to voters twice — in 2000 and again in 2016 — with sales tax measures that together will fund about $4 billion of the extension. The federal government has agreed to fund 25% of the total cost, up to $2.3 billion. But if the federal government’s cost estimates are right, funding for the project right now is nearly $3 billion short.the Federal Transportation Administration funding in October, it didn’t mention the agency’s $9.
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