Lawmakers Call for Selling the Rail Runner

FINANCIAL QUESTIONS BEING RAISED AGAIN ABOUT NEW MEXICO’S RAIL RUNNER. LAWMAKERS WANT THE STATE TRANSPORTATION DEPARTMENT TO DO A STUDY ON WHETHER THE COMMUTER TRAIN IS FINANCIALLY VIABLE.

THESE QUESTIONS WERE RAISED AFTER IT CAME TO LIGHT THAT THE TRAIN EARNED JUST UNDER 3-MILLION DOLLARS IN FARES LAST FISCAL YEAR … BUT COST THE STATE MORE THAN 28 MILLION DOLLARS TO OPERATE. SOME LAWMAKERS SAY IT’S TIME FOR THE STATE TO SELL THE RAIL RUNNER. THE STUDY WOULD INCLUDE FUTURE COSTS AND DEBT.

Filed Under: 1