MTC Review Presentation - Sonoma Marin Area Rail Transit - Home ...

More documents

Recommendations

Info

2) Financial Capacity: Debt Financing Bond proceeds could range from $151 million to $210 million, based on sales tax growth and interest rate assumptions Financing model assumes 50% of the average sales tax revenue stream as a revenue pledge with remaining 50% for operating expense 10 M E T R O P O L I T A N T R A N S P O R T A T I O N C O M M I S S I O N
3) Small Starts/Cost Effectiveness: Civic Center to Larkspur Extension 11 Proposed segment of Civic Center to Larkspur would likely be non-competitive for significant funding from the federal Small Starts program With varying assumptions as to cost and outcomes, the federal cost effectiveness calculation for this segment ranged from a low of $60 per hour of user benefit to over $350 per hour of user benefit The cost effectiveness index for the other two Bay <strong>Area</strong> Small Starts candidates are between $5 and $10, and the range nationally is from $12 to $23 and are mostly bus rapid transit projects M E T R O P O L I T A N T R A N S P O R T A T I O N C O M M I S S I O N
Page 1 and 2: 1 MTC Staff Review of the SMART Pro
Page 3 and 4: Project Review Elements: Initial Se
Page 5 and 6: 5 1) Cost Estimates and Vehicle Bid
Page 7 and 8: 2) Financial Capacity: Sales Tax an
Page 9: 2) Financial Capacity: Sales Tax Gr
Page 13 and 14: 13 4) Options for Meeting TOD Polic
Page 15 and 16: 15 MTC Staff Findings Future Fund
Page 17 and 18: 17 Possible Funding Strategy MTC h
Page 19: M E T R O P O L I T A N T R A N S P

MTC Review Presentation - Sonoma Marin Area Rail Transit - Home ...

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?