Cost to Taxpayers

RIDERSHIP IS DOWN AND REVENUES ARE DOWN AND FLAT | VIRGIN TRAINS MONTHLY RIDERSHIP REVENUE REPORT

VIRGIN TRAINS USA RELEASED THEIR MONTHLY RIDERSHIP AND REVENUE REPORT FOR SEPTEMBER 2019 ON FRIDAY. Ridership is down, and revenues are down and flat.

Attached is a spreadsheet showing the quarterly ridership numbers since beginning service in the first quarter of 2018 and monthly ridership numbers for the past 12 months.

Below is a chart of the monthly revenue since March 2019. 

NEIGHBORHOOD ASSOCIATION JOINS THE FIGHT AGAINST VIRGIN TRAINS USA/BRIGHTLINE

THE INDIAN RIVER NEIGHBORHOOD ASSOCIATION FILED AN AMICUS BRIEF SUPPORTING INDIAN RIVER COUNTY'S APPEAL OF PABs for the privately-owned high-speed passenger rail project Virgin Trains USA, formerly Brightline.

The association argued that the U.S. Department of Transportation "misinterpreted laws in order to qualify Brightline/Virgin Trains USA for the bond financing."

Appellate Judges David S. Tatel, Patricia A. Millett and Neomi J. Rao accepted the association's brief on June 3.

CALIFORNIA HIGH-SPEED RAIL PROJECT'S ESTIMATED COST RISES TO $79B, REPORT SAYS

ESTIMATED COSTS FOR THE CALIFORNIA HIGH-SPEED RAIL PROJECT INCREASED $2B TO A TOTAL OF $79B, according to a report by the High-Speed Rail Authority.

This project has been vehemently blasted by President Trump and other officials such as California Gov. Gavin Newsom comment that the full project "would cost too much and take too long."

The latest estimate for the high-speed rail project's completion is set for 2033.

Read more here.

NO MORE RAILROAD BOONDOGGLES!

WE DON'T NEED ANOTHER CALIFORNIA BOONDOGGLE, states Florida Alliance for Safe Trains Coordinator and Communications Director Susan Mehiel in a recent Sunshine State News article. Susan is referring to the now-defunct California high-speed rail project.

Tune in as Mehiel highlights the comparable deception and experimentation of the California and All Aboard Florida Virgin Trains' rail project, and how the Virgin Trains' project is going to fail like its predecessor.

TRAIN WRECK TIMES | THEY'RE AT IT AGAIN!

The Train Wreck Times by Susan Mehiel

They’re at it again! Earlier his week we received word from IRC that the Florida Development Finance Corporation is reviewing ANOTHER Private Activity Bond Request from Virgin Trains in addition to the $1.1 Billion they haven’t sold and the $600 million already sold. This approval would be for $950,000,000 in PAB’s and brings their allotment of taxpayer-subsidized funding to a grand total of $2.7 Billion.

TRUMP ADMINISTRATION SHOULD REJECT $3.7 BILLION LOAN TO JAPANESE-OWNED COMPANY FOR FLORIDA HIGHER-SPEED RAIL PROJECT OPERATING ON MEXICAN COMPANY-OWNED LINE

THE DEPARTMENT OF TRANSPORTATION MAY APPROVE A $3.7 BILLION RAILROAD REHABILITATION & IMPROVEMENT FINANCING (RRIF) LOAN TO VIRGIN TRAINS, owned by SoftBank Group based in Tokyo, to build a high-speed passenger train project on a freight rail line owned by Grupo Mexico.

SoftBank Group and Grupo Mexico could easily afford to issue their own bonds to cover these costs.

TRAIN WRECK TIMES | HOLIDAY EDITION

The Train Wreck Times by Susan Mehiel - Holiday Edition

WE HAVE MUCH TO CELEBRATE THIS HOLIDAY SEASON! Despite all of the so-called positive media they’ve drummed up and the votes by Martin County and CARE FL, AAF/Virgin is no closer to starting construction on the second phase of the project than they were when the year started…think about that for a minute.

TRAIN WRECK TIMES - CELEBRATE GREAT NEWS

WE ARE CELEBRATING GREAT NEWS. Our Call to Action sent out Nov. 18 to attend a special meeting of the IRC commissioners on Nov. 20th turned out to be critical. At 7:45 p.m. the night before the meeting, we received notice that the meeting would focus on a deal negotiated between Martin and Indian River Counties and CARE with the representatives of AAF/Virgin. The attorneys for the respective counties circulated the deal to their commissioners.

STUART APPEARS READY TO MOVE FORWARD WITH BRIGHTLINE STATION PROPOSAL

THE CITY OF STUART IS READY TO MAKE A FINAL DECISION FOR A BRIGHTLINE STATION WITHIN DAYS, reports TCPalm. The City Commision is set to send demographic information to Brightline, the first step toward possibly establishing a station.

The proposed information suggests three locations. Commissioners are also set to review survey results that had asked residents whether they wanted a Brightline station in their area.