[whoknowsidont]

You didn't link me to the thing that we are discussing. You linked me to a current financial report, that of course just lists the tolls.

Do you understand how bonds are issued?

But, since you're seemingly in Texas and are completely unaware of a vibrant example of the type of outcomes I'm discussing, here's one right in your home state from 2017.

https://austincountynewsonline.com/texans-angered-sh-130-ban...

>According to the terms that emerged from bankruptcy court, all of the private entity’s $1.4 billion debt was wiped away, leaving federal taxpayers left holding the bag for the $430 million federally-backed Transportation Infrastructure Finance and Innovation Act (TIFIA) loan given to the private entities.

>Some are asking why the state of Texas didn’t step in and insist the public interest was protected and defended in bankruptcy court. Taxpayers have a right to know why they didn’t get the road back, why their $430 million federal TIFIA loan was wiped out, and why they have to continue paying tolls for another 45 years to use a road that’s lost $1.2 billion of its $1.4 billion original value. The state also had a revenue sharing agreement with the previous owners, Cintra-Zachry. Will the state ever see any of that promised toll revenue?

Would you care to explain that in the course of this discussion, why that very recent and very vibrant example of the exact thing being discussed did not resonant with you?

I mean you clearly implied that you've read these financial reports before, so it raises lots of questions about your motivations and I dare say, honesty.

EDIT: Here's another one! https://trb.bank/case-study/north-texas-tollway-authority/

lmao