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Memphis Light Rail Comes In Under Budget

Posted by: Chris Steins
Thanks to: Michael D. Setty
19 October 2003 - 1:00pm

The Memphis light rail extension provides another example of new rail transit lines are coming in on time, under budget.

Construction of the Madison Rail Line extension is $19 million under budget, the head of Memphis Area Transit Authority said Tuesday. The agency budgeted $74 million. Now the cost is expected to be about $55 million, which includes the purchase of five trolleys and other equipment.

Full Story: (Memphis) trolley line costing $19 million less than expected
Source: GoMemphis, October 15, 2003
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