Cities, counties, the state and local businesses all agree that the Central Valley Expressway is essential for the future of the Boise Valley, but why now?

• The CVE will accelerate economic development and growth along the CVE corridor
• Growth will occur in a more organized and efficient pattern
• Right of Way costs will be lower  today than in the future
• Construction costs will be lower given the current market for construction
• - 15% savings could result in a savings of $75,000,000 or more.
• One proposed funding mechanism, TIFIA bonds, will produce SIGNIFICANT financing savings

1. Using the cheapest financing currently available to the state under GARVEE at 4.5% and a 20 year term, the $560M project would cost $861M
2. Using the proposed financing at 2% for the same term, the project will cost $685M over 20 years, a savings of $176M
3. Using the proposed financing at 1% for the same term, the project will cost $621M over 20 years, a savings of $240M