A caution on rail to Dulles
Investors are now interested in a "Public-Private" partnership
to build and operate Metrorail through Tyson's Corner out to Dulles
Airport. In return for ownership rights, investors would replace
the $900 million the Federal Transit Administration withdrew when
the FTA's feasibility studies determined that the costs outweigh
the congestion-reducing benefits of the project. And make no
mistake, we urgently need more infrastructure to solve our traffic
crisis!
My caution is this: Public-Private partnerships lack the restraints
imposed on either purely commercial ventures, or purely government
projects. The Greenway toll road illustrates the perils of mixing
government and private interests. The public-private partnership to
build the HOT lanes around the beltway indicates we've not learned
from the Greenway experience.
Before weary commuters embrace Metrorail to Dulles at any cost,
remember how high "any cost" can climb. We need to make sure that
the public, not just government, is represented in these so-called
public-private partnerships.
Toll roads, HOT lanes and Metrorail all create a type of monopoly.
Monopolies such as utilities are usually closely monitored to
protect the interest of consumers or the public. Private ownership
of roads leaves the consumer/commuter at the mercy of the investor,
unrestrained by a competitive marketplace and inadequately governed
by the State Corporation Commission.
Combining businesses' profit motive, unrestricted by a competitive
marketplace, with Richmond's disinterest in paying for roads and
Metro's lack of fiscal responsibility, combines the worst of
private industry and government control, and ultimately leaves the
commuters and taxpayers to bear the cost.
When fares fail to meet operating expenses, Metro will look to
federal, state and local tax subsidies to make up for whatever
monies cannot be squeezed directly out of the ridership, just as it
does right now! The SCC will insure that the project is profitable
for the investors, just as they did with the Greenway. Taxpayers
and riders will pay more.
A wiser plan involves using state funds to expand our highways and
dramatically increase bus service to Dulles. It's not a "World
Class" solution, but it provides more financial protection to both
taxpayers and riders. It's faster and cheaper to build, and it's a
scalable and adaptable improvement to meet our transportation
needs.
Patricia Phillips
Sterling
