Roland: If one really did a true hard cost analysis of the tram (and not even a "life cycle cost analysis") as is being accounted for in many previous blogs, the hard costs really approach the $22M figure which is 40% of the tram cost. And the city isn't even adding in the financial costs of the tram borrowing as todays O finally has admitted.

You are misleading the public if you keep on saying the public's cost is only 9% of the tram cost. An independent accounting should be performed with common accounting practices to demonstrate the true cost to our own city council and staff.