Chicago to Iowa City Passenger Rail Service, January 12, 2011

(2001) Chicago to Iowa City Passenger Rail Service, January 12, 2011. Transportation, Department of

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Abstract

Iowa’s investment in the Chicago to Iowa City passenger rail service will produce more ongoing benefits than costs for Iowa residents and taxpayers over the next 30 years. An Iowa investment of $20.6 million will match a federal investment of $86.8 million for the capital costs of the Iowa segment of the Chicago to Iowa City service. Iowa’s share of the expected gap between revenues and operating and maintenance expense is estimated at $3 million annually. The economic analysis included in this document demonstrates the cost-effectiveness of the Iowa investments in the Chicago to Iowa City service and details the benefits that Iowa can expect from Iowa’s expenditures.

Item Type: Departmental Report
Keywords: Iowa City, Chicago, Passenger Rail, Railroads
Subjects: Transportation > Railroads
Transportation
ID Code: 11530
Deposited By: Margaret Barr
Deposited On: 04 Oct 2011 13:30
Last Modified: 04 Oct 2011 13:30
URI: http://publications.iowa.gov/id/eprint/11530

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