Florida’s Governor Rick Scott rejected $2.4 billion in federal money to build a high-speed rail line between Tampa and Orlando citing potential cost overruns and low ridership. Turns out, he was wrong. A new report released by the Department of Transportation finds that the project would have made more money and carried more passengers than projected in 2009.

The Florida Department of Transportation released data today that showed that the operations would have made a surplus of $10.24 million in 2016, the first full year the trains would have run, and a $28.58 million surplus in 2026.

The line between Tampa and Orlando would have had 3.3 million riders, generating almost $63 million in ticket sales during its first year of operation in 2015-16.

The $1.3 million ridership study was done by the transportation consulting firms Steer Davies Gleave and Wilbur Smith Associates.

While Scott had originally said that he would wait for this data before he rejected the $2.4 billion in federal money granted to the state to build the $2.7 billion Tampa-Orlando phase of Florida’s project — he rejected the money on Feb. 16.

Scott claimed that he didn’t want to put Florida tax payers on the hook for cost overruns, despite being presented with a plan in which private companies would take on all costs and loses.

Republican Senator Thad Altman, who attempted to sue Scott over his legal authority to return the money said, “His conclusion was political, not based on economics, good business or even protecting the taxpayers,” Altman said. “As time passes and more information comes out, you can see the injustice that was done to the state of Florida.”

More and more it seems like Scott rushed to rejecting Florida’s high-speed rail money for political reasons. Especially since several private firms had been clamoring to bid on Florida’s high-speed rail initiative.