183A financial forecasts will fail before it's completed - as gas prices soar over $3.00 a gallon (well before the year 2045!). This is the first toll road for the first RMA in Texas. The RMA's are unelected, unaccountable bureaucracy's that will set the toll rates for public freeways in Texas. Official Statement for 183A Investor Bonds from March of 2005, Page 71: "The revenue forecasts in the Traffic and Revenue Report are based on the assumption that motor fuel will remain in adequate Supply and motor fuel prices will not exceed $3.00 per gallon" (over the next 40 years)
9/02/2005
Perry's RMA 183A "toll road to nowhere" fails before it's built as gas prices soar over $3.00 a gallon.
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Thanks for getting the word out about this very sensitive issue. Since there are so few associated fees connected with driving a car in America these days (Tags,Inspection, Insurance, Property taxes intended to fund the Texas Highway system, exhorbinant gas prices, etc)this little 5 to 7 dollar a day increase in the daily cost of living really wont be noticed at all. . . . will it?
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