The Problems With Toll Roads

The Denver Post publishes an investigative series entitled "Truth Be Tolled", exposing errors in toll road forecasting, and suggesting that financial conflicts of interest may be responsible.

This is an investigative news story describing how toll road forecasts are consistently overestimated, including details from several states, and interviews with people running toll agencies, those forecasting toll road usage, and those who rate toll bonds.

This is part two of a three-part series, and focuses on case studies in South Carolina, Florida, and Texas. At the end of the article, there is a table describing operating toll roads in eight states.

The other two parts in the series are also good, but are more focused on the Denver region.

"'Nobody thought it was a good idea,' Ashmore said. 'Nobody believed that it would work. Nobody believed that it would pay.'

Nobody, that is, except the companies that performed the traffic and revenue projections for the road and had an even larger financial stake in seeing it built.

Ashmore's story and the story of the toll road called the Southern Connector have been repeated in similar forms from Florida to Colorado as developers and governments increasingly turn to toll roads to spur growth."

Thanks to Norm Marshall

Full Story: Truth be tolled: No 2-way street (Part 2 of 3)

Comments

building block set

NEW! Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
$25
Red necktie with map of Boston

For dads and grads: tie one on to celebrate your city!

Choose from over 20 styles imprinted with detailed city or transit maps.
$44.95
Wood necklace with city map

City Necklaces

These sweet pendants are engraved on a cedar charm with a mini map of selected cities. The perfect gift for friends and family or yourself!
$28.00

NEW! City Map Posters

Available in 9 different cities.
$25.00