Was the total cost of the RTID plan $9.7 billion?
The $9.7 billion (YOE) number for project expenditures comes from the RTID financial plan’s “Sources and Uses” chart (page 88 of the Blueprint for Progress.) This chart covers the period of 2008 through 2027 and accurately summarizes the revenue sources that were part of the plan as well as their intended uses, all in YOE dollars. However, this is not the correct number to describe the “total cost” of RTID. The total also included $242 million in financial reserves and $193 million in administrative costs that were not part of the project expenditures. The “Sources and Uses” chart also included an estimated debt service cost of $4.3 billion through 2027 (but did not include the additional debt service costs that extend beyond 2027).
