FY2017 PROPOSED BUDGET

Washington Metropolitan Area Transit Authority
New Capital Bonds
Proposed Fiscal Year 2017 Budget
Appendix E
The Capital Improvement Program (CIP) is a six-year program. To support the CIP, long-term
borrowing may be required, and this borrowing is anticipated to commence in FY2016.
Table E.3 provides a summary of Metro’s estimated jurisdictional share of debt and Table E.4
provides detail of Metro’s proposed debt issuances and jurisdictional allocations. The amounts
represented in these tables are subject to change based on financial market conditions and
jurisdictional decisions to opt for additional cash contributions in lieu of debt issuance.
Table E.3
Par Value Issuance Cost Total
District of Columbia 437,937,160 3,526,539 441,463,699
Total District of Columbia 437,937,160 3,526,539 441,463,699
Maryland
Montgomery County 200,907,513 1,617,340 202,524,853
Prince Georges County 208,687,474 1,680,338 210,367,812
Total Maryland 409,594,987 3,297,678 412,892,665
Virginia
Alexandria 52,852,094 426,103 53,278,197
Arlington County 98,356,531 791,634 99,148,165
City of Fairfax 3,031,953 24,224 3,056,177
Fairfax County 172,798,024 1,390,976 174,189,000
Falls Church 3,729,251 30,096 3,759,347
Total Virginia 330,767,853 2,663,033 333,430,886
Total Debt 1,178,300,000 9,487,250 1,187,787,250
E-4