The CRC Money Pit

Thursday’s O had a front page story on the $65M that has already gone into Columbia River Crossing planning, likely to rise to $100M within the next year ($30M of that coming from ODOT funds). The article goes on to look at potential cost reductions for the project given the diminishing likelihood of full funding.

If nothing else, you should check out the wonderful graphic accompanying the story – the graphic itself drew commentary on the O’s commuting blog.

Meanwhile, the project is pursing its tolling options, the funding source it is increasingly appearing to rely on. The project has launched a separate tolling web site, which outlines six tolling scenarios, the most aggressive being variable tolling at rates up to $8.00 (in 2006 dollars – how much is that now?).

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