May 14, 2010 Commissioner Dillaha continually blusters about financial uncertainties involved in the city’s commuter rail agreement with Orange County. Having 35 years of financial management, executive leadership and investment management experience I share Ms. Dillaha’s fiscal conservatism. However, with regard to her dismissal of commuter rail, Ms. Dillaha repeatedly and consistently overstates the risks without addressing the opportunities and exaggerates the costs without addressing the benefits. The most meaningful risks and costs of SunRail for Winter Park arise from not participating. The following analysis relies in part on SunRail operating cost estimates from the Florida Department of Transportation (FDOT)…
Commentary by Pete Weldon
