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  • State Tab For N.M. Rail Put at $320M (King Bill strikes again)

    12/14/2005 1:10:16 PM PST · by CedarDave · 12 replies · 542+ views
    The Albuquerque Journal ^ | Friday, December 9, 2005 | Jeff Jones
    SANTA FE— The New Mexico Rail Runner Express will need about $320 million in state transportation money, Transportation Secretary Rhonda Faught said Thursday. At least one lawmaker and legislative analysts say that's about $200 million more in state money for the commuter railroad than they were earlier told. Faught says she never meant to mislead legislators about the cost. Gov. Bill Richardson's commuter-train service would link Belen, Albuquerque and Santa Fe. With federal money added in, the total cost is now estimated at around $390 million, Faught said in an interview. But staff members with the Legislative Finance Committee say...