Jeff Smith wrote: ↑Wed Dec 06, 2023 7:19 am Corridor ID'd: NewsChannelDo you know how much $500,000 goes today? Keeping it simple, that's employing 5 people to do the study at $100,000 or 10 people to do the study at $50,000. Consultants are more likely to fall in at the $100,000 per year salary.
Chattanooga receives federal grant to study development of intercity Amtrak passenger rail
The City of Chattanooga has received a federal grant to study the development of an intercity Amtrak passenger rail, Mayor Tim Kelly announced Tuesday.
The $500,000 federal grant from the U.S. Department of Transportation’s Corridor ID Program will fund a comprehensive study to develop the scope, the cost, engineering, and other requirements needed to establish Amtrak passenger rail service on existing alignments between Nashville, Chattanooga, and Atlanta.
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And that's not including the rent for their offices, electricity for lights, heat, water, computers, internet and phone lines, etc. Yelp. that $500,000 is not going to last until the study's completion. They will need more money next year and every year there after until this initial study is complete, and more money for the next steps to get an environmental study done.
Best to think of this small amount of cash as a start of getting the ball rolling. But more money will be needed later.