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HomeMy WebLinkAboutAgenda - 03-15-2012 - 3 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: March 15, 2012 Action Agen.�da Item No. SUBJECT: Orange County Transit Plan DEPARTMENT: Manager, Planning & PUBLIC HEARING: (Y/N) No Inspections, Financial Services and Attorney ATTACHMENTS: INFORMATION CONTACT: Frank W. Clifton, Jr., Manager, 245-2300 1. Calendar Outline Craig N. Benedict, Planning Director, 2. Orange County— Durham County Cost 245-2592 Sharing Options John Roberts, Attorney, 245-2318 3. Transit Funding —Annual Clarence Grier, Financial Services Director, 245-2453 PURPOSE: To discuss the draft review timeline of the Orange County Transit Plan (OCTP) and associated elements. BACKGROUND: If Orange County is to pursue the implementation of the 2009 Mobility Bill transit one-half ('h) cent tax, various aspects need to be discussed and implemented. Basically the following elements are required: (The focus of tonight's meeting will be Items 1 and 2.) 1. Timeline to accomplish 2. Orange County/Durham County Light Rail Transit (LRT) Cost Sharing options and eventually Memorandum of Understanding (MOU) [Core vs. Enhanced Plan] Following items at a later date 3. Orange County/Triangle Transit Levy Agreement to delay levying of tax until other formal agreements are in place 4. Orange County Transit Plan (OCTP) (aka Orange County Bus and Rail Investment Plan) both include the Financial Plan assumptions. Draft before Item 5 and formal at a later date. Note: Metropolitan Planning Organization decisions to be determined. o Share of LRT o Intra-county and Inter-county Bus Services o Bus Rapid Transit (Martin Luther King Corridor) o Small Capital 5. Referendum decision on one-half (1/2) cent transit sales tax 6. Orange County/Triangle Transit OCTP Implementing Agreement FINANCIAL IMPACT: There is no financial impact associated with discussion of the timeline and elements. RECOMMENDATION(S): The Manager recommends that the Board review and discuss. 2 Attachment 1 Orange County Transit Program Date BOCC Meetings Location Topic Who March 12, 2012 4th Transit SHSC Intergovernmental Work Group ------------------------ ----------------------------------- ---------------- --------------------------------------- ------------------- March 13, 2012 BOCC Regular Meeting DSS Update Timeline ------------------------ ----------------------------------- ---------------- --------------------------------------- ------------------- March 15, 2012 BOCC Work Session GSC 1. OC/DC Cost Sharing Scenario 2. OC/DC MOU 3. OC/TTA Levy Agreement ------------------------ ----------------------------------- - --------------- -------�if time_permits�----------- ------------------- March 22, 2012 BOCC Regular Meeting SHSC BOCC Conceptually Concurs with OC/DC Cost Share Assumption ------------------------ ----------------------------------- ---------------- --------------------------------------- ------------------- April 3, 2012 BOCC Regular Meeting DSS Public Input— OCTP OCP & TTA 1. Plan principles 2. Maps 3. Q and A ------------------------ ----------------------------------- ---------------- --------------------------------------- ------------------- April 17, 2012 BOCC Regular Meeting SHSC Public Input— OCTP OCP &TTA 1. Plan principles 2. Maps 3. Q and A ------------------------ ----------------------------------- ---------------- --------------------------------------- ------------------- April 19, 2012 BOCC Work Session SHSC OCTP Public Input, OCP &TTA Digest, Discuss, Create Draft Plan ------------------------ ----------------------------------- ---------------- --------------------------------------- ------------------- May 1, 2012 BOCC Regular Meeting DSS 1. OC/DC Cost Sharing MOU 2. Adopt Draft OC Transit Plan ------------------------ ----------------------------------- ---------------- --------------------------------------- ------------------- May 15, 2012 BOCC Regular Meeting SHSC 1. OC/TTA Levy Agreement 2. OC Referendum Decision 3 Attachment 2 Orange County-Durham County LRT Cost Sharing Discussions ORANGE ORANGE DURHAM DURHAM COT TL LOCAL$ COSTL LOCAL$ Early Spring 20111 330 m 82,5 m 1,048 m 262 (23.9/0) "4 stationsi2 324 m g1 m 1,054 m 263.5 (23.5%) Durham 316.2 m 79,05 m 1,061.8 m 265.45 March 20123 (22.94%) Orange 299 m 74.75 m 1,079 m 269.75 March 20124 (21.69% Orange Workgroup 230 m Spring 2011 5 (16.61%) 57.5 m 1,320.5 m 330.125 Scenario 02A m = million lAssumes Orange County payment of LRT to Leigh Village in Durham County. 2Assumes Orange County pays for 4 stations in Orange County and Durham County pays for remaining 13 in Durham County. 3Durham County counter proposal. 40range County proposal based on % cent revenue%as collected by Orange County and Durham County. This amount would pay for some capital costs ($70m total$17.5 local share) in Durham County. SAssumes capital costs of a 2.89 mile length in Orange County of a 17.4 mile total length of an averaged per mile cost along entire route (i.e. not actual cost of segments and stations in Orange County). Local $ equate to 25%with 50%federal and 25%state assumptions. Please note that LRT operating costs also split on these possible options. Orange County options would roughly equate from $4.3m to$2.5m annual operations. Transit Funding Projected Annual 1/2C Sales Tax Revenue i `t Orange County ! Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 i � 1/2C Rev. $5,100,000 $5,176,500 $5,254,148 $5,332,960 $5,466,284 $5,602,941 $5,743,014 $5,886,590 $6,033,754 $6,184,598 � H %of Total 21J0 21J0 21J0 21J0 21.54 21.37 21.21 21.05 20.89 20J3 � z Year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 , W � x 1/2C Rev. $6,339,213 $6,497,694 $6,660,136 $6,826,639 $6,997,305 $7,172,238 $7,351,544 $7,535,332 $7,723,716 $7,916,809 � � 96 of Total 20.57 20.41 20.25 20.10 19.94 19.79 19.63 19.48 19.33 19.18 H Year 2031 2032 2033 2034 2035 j � 1/2C Rev. $8,114,729 $8,317,597 $8,525,537 $8,738,675 $8,957,142 Total $169,455,095 %of Total 19.03 18.88 1&.73 18.58 18.44 Durham County ; Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 1/2C Rev. $18,400,000 $18,676,000 $18,956,140 $19,240,482 $19,913,899 $20,610,885 $21,332,266 $22,078,896 $22,851,657 $23,651,465 ' 96 of Total 78.30 78.30 78.30 78.30 78.46 78.63 78J9 78.95 79.11 79.27 i , Year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 ', 1/2C Rev. $24,479,266 $25,336,041 $26,222,802 $27,140,600 $28,090,521 $29,073,689 $30,091,269 $31,144,463 $32,234,519 $33,362,727 %of Total 79.43 79.59 79.75 79.90 80.06 80.21 80.37 80.52 80.67 80.82 i Year 2031 2032 2033 2034 2035 I, 1/2t Rev. $34,530,423 $35,738,988 $36,989,852 $38,284,497 $39,624,454 Total $678,055,803 '� %of Total 80.97 81.12 81.27 81.42 81.56 i ,� OC:1.5%increase through 2014 and 2.5%increase from 2015 to 2035 I DC:1.59b increase through 2014 and 3.5%increase from 2015 to 2035 I ; $45,000,000 f $40,000,000 i , � $35,000,000 i � $30,000,000 � ' � $25,000,000 � $20,000,000 �Orange County I p $15,000,000 -� tDurham County ' $10,000,000 � $5,000,000 � �-r� '�--��� i ; $o -. . � , , � , � � c.i m a �n �p n oo rn o � c� m cr �n �o � oo rn o r+ ni m v , in � �'"� `"� �"� a� �"'� �"� ei a-i r1 N N N N N N N N N N M M M M M M i O O O O O O O O O O O O O O O O O O O O O O O O O � N N N N N N N " N N N N N N N N N N N N N N N N N N i Source:Orange County Planning estimates March 2012