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HomeMy WebLinkAboutAgenda - 01-28-2014 - 1ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: January 28, 2014 Action Agenda Item No. 1 1 SUBJECT: Discussion with Triangle Transit Regarding Orange County Bus and Rail Investment Plan Annual Report, Preview of Updates & Additional Revenue from One -Half (1/2) Cent Sales Tax for Transit DEPARTMENT: Planning and Inspections PUBLIC HEARING: (Y /N) No ATTACHMENT(S): INFORMATION CONTACT: A) Update on Implementation of Michael Talbert, Orange County Manager, 919-245 - the Orange County Bus and 2300 Rail Improvement Plan Memo David King, Triangle Transit General Manager, 919 - from Triangle Transit with 485 -7424 Attachments A(1) -A(7) PURPOSE: To receive and discuss Triangle Transit's annual report on the Orange County Bus and Rail Investment Plan ( OCBRIP), a preview of Plan updates, and additional revenue from the one -half cent sales tax for transit. BACKGROUND: The Orange County Bus and Rail Investment Plan ( OCBRIP) was approved by the BOCC in June 2012. The OCBRIP provides local and regional transit opportunities including expanded bus service and proposed light rail. Voters in November 2012 approved a one -half cent sales tax to fund the local portion of the Plan and collection of the sales tax began on April 1, 2013. Additional background documents such as the adopted OCPRIP can be found via the following link, listed under Transportation Documents: http: / /www.co. orange. nc .us /planning /transportation.asp Attachment A is a memo from David King, General Manager of Triangle Transit (TT), which outlines its report and associated attachments. Due to time limitations and the need to complete and distribute the work session materials, Orange County Planning Staff did not review the attached materials prior to its distribution. In addition to TT staff and upon the discretion of the Board, Orange County Planning Staff will be available at the work session to provide its input or respond to questions. NEXT STEPS: The following items will be coming to the BOCC for its approval in the future: 1) OCBRIP updates for approval in accordance with the Implementation Agreement; and 2) Five -Year Bus Service Expansion Program (including upcoming expanded TTA and Orange Public Transit service). FINANCIAL IMPACT: Although this item does not have an immediate financial impact, the associated activity relates to the process to expend: • Approximately $6 Million per year of half -cent transit sales tax revenue; • $7 County vehicle registration fees; • $3 regional/TT vehicle registration fees (not yet implemented); and • Existing regional /TT rental car tax revenues. RECOMMENDATION(S): The Manager recommends the Board: 1. Receive the presentation; and 2. Discuss and ask questions as appropriate. 3 Attachment A Memorandum To: Michael Talbert, Interim Manager., Orange County From: David King, General Manager, Triangle Transit Date: January 23, 2014 Re: Update on Implementation of the Orange County Bus and Rail Improvement Plan We appreciate the opportunity to provide your Board with an update on implementation of the Orange County Transit Plan. We will report on the following issues: • FY13 Annual Progress Report • Draft Updates to the County Plan Financial Assumptions • Status of Central and Rural Orange County Bus Service Expansion Program • Hillsborough Train Station • Durham - Orange Light Rail Transit Project We've attached the following documents for your review: 1. Electronic version of an updated Orange County Transit Plan FY13 Annual Progress Report 2. Summary of Draft Updates to the Transit Plan Financial Assumptions 3. Graph of Forecasted Annual Closing Cash Balances 4. Tables Comparing 5 -Year Bus Revenue Forecast to Adopted Plan 5. Table of Annual Revenues for Adopted Plan 6. Table of Annual Revenues with Updated Assumptions 7. Central and Rural Orange County Bus Service Expansion Program slides We look forward to the work session next Tuesday. Chapel Hill Transit North Corridor Alternatives Analysis Study Chapel Hill Transit North South Corridor Alternatives Analysis Study is the first step in the federal process that will allow CHT to compete for federal funds to build an enhanced transit service project within the corridor. The Alternatives Analysis will examine a variety of public transportation options and alignments and conclude with the identification of a Locally Preferred Alternative (LPA) for the corridor. The study will review the Columbia St./ MLK Blvd transportation corridor. The study is scheduled to begin in October 2013. The anticipated study timeline is 15 -18 months. The study will expand on previous work to identify and evaluate multiple alignments for the corridor and a broad range of service delivery options in order to recommend an LPA that- Durham-Orange Light Rail Project: Planning work continues on the proposed 17 -mile Durham/ Orange Light Rail Transit Project that would connect East Durham, through downtown Durham to Chapel IIill and UNC Hospital. Triangle Transit is working closely with area stakeholders and regional partners to identify and resolve issues as they work to complete an intensive environmental study of the proposed corridor. Work on the light rail has been funded byTriangle Transit's Major Transportation Investment Fund. Beginning in July 2013, additional work Finanda Summery In November 2011 and November 203.2, voters in Durham County and Orange County passed separate referenda that allowed each county to levy a 1h -cent sales tax to find the Durham and Orange County Bus and Rail Investment Plan (D -0 Transit Plan). During the past fiscal year (July 2012 through June 2013), the new transit tax was in effect for three months from April 2013 through June -oi3. The D -0 Transit Plan is also funded through a portion of the current Regional Vehicle Rental Tar. Triangle Transit anticipates receiving other new revenues for the D -0 Transit Plan from additional funding sources including a $7 County Vehicle Registration Tax, a $3 Regional Vehicle Registration Tax increase, state and federal grants and customer fare payments. Attachment A(1) • improves accessibility, frequency, connectivity, reliability, capacity, speed, and convenience; • improves the level of service and increases ridership to the UNC campus/hospital and provides a necessary connection to the new campus at Carolina North; • provides access and connection to the proposed UNC Light Rail Station; • pro-vides more accessible, safe, and comfortable stations/ stops with pedestrian connections to activity centers in the corridor; • supports future development within the corridor and provides benefits to existing neighborhoods, including low income and minority populations; and • generates wide public and stakeholder support and encourages partnerships among agencies, businesses and organizations in the corridor. on the project will be funded by the new revenue streams identified in the Transit Plan. Construction could begin by 2021 with operations underway in 2026. Hillsborough Amtrak Station: Additional work on the station awaits the result of rail corridor capacity analysis lobe performed by Triangle Transit, Nurth Carolina Railroad, and Norfolk Southern, Planning work should begin later this fall and is tnrgeted to be completed within three to four months. April - June 2013 Revenue Sales Tax* Durham County $3,711,255.68 Orange County $989,102.51 Regional Vehicle Rental Tax Durham County $252,347.00 Orange County $123,125.00 • Readers should not assume that these values represent 114 of a toll year's revenue. Month - to-Month variability Is high and April 2013 receipts were very low. Strategies Ao accomplish these goals All of the proposed transit improvements found in the Transit Plan require new revenue. The Orange County Board of County Commissioners authorized a referendum on a half -cent cent sales tax increase and an increase to the vehicle registration fee to help pay for these transit improvements. To the right are a series of milestones that have been achieved that help advance the implementation of the Transit Plan. Milestones June 2012 Orange County Board of County Commissioners authorize public referendum on half -cent sales tax increase to fund transit improvements October 2012 Approval of the Implementation Agreement November 2012 Citizens of Orange County vote in favor of a half -cent sales tax increase to support Increased investment in transit December 2012 Orange County Commission authorize a seven dollar increase in vehicle registration fee and 1/2c sales tax to support increased Investment in transit April 2013 One half-cent sales tax is implemented in Orange County July 2013 Seven dollar vehicle registration fee was Implemented Accountability Orange County Annual Programming of Bus Service Expansions Each December, Triangle Transit will communicate to Orange County and the Chapel hill Transit Partners how much money will be available for bus service expansions in the upcoming year. If the amounts are not consistent with the adopted Plan, Triangle Transit will explain why. Then, Orange County, the Chapel Hill Transit Partners, and Triangle Transit will each identify which bus services from the Transit Plan will be paid for with the available money. Triangle Transit's Board of Trustees is responsible for making sure that the services fielded with the 1/2-cent sales tax and the vehicle registration fees are consistent with State law, local agreements, and the County Plan. Once reviewed and approved by Triangle Transit, the County and the Chapel Hill Transit Partners can budget for and implement the planned services. 5 Y — X=X 1 Next Steps Upcoming Bus Service Expansions The following services will be implemented in the upcoming fiscal year (July 2013 through June 2oi4): • More frequent weekday service between Streets at Southpoint park -and -ride and UNC- Chapel Rill on Triangle Transit Route Soo (August 2o13) • Later weekday service on Chapel Hill Transit routes CM, CIA?, D, F, and J (August 2oi3) • Improved Saturday service on Chapel Hill Transit routes CM, CW, and JN (August 2013) Orange County and Triangle Transit are also working cooperatively to refine a bus service expansion program for central and northern Orange Couny, to meet growing needs for local and regional transit travel. This program of services is expected to be completed by December 2013. The schedule for service expansions will be determined through this process. Over the upcoming five years, Chapel Hill Transit, Orange Public Transportation, and Triangle Transit will implement new or expanded bus services. Residents will also see new bus shelters, park - and -ride lots and sidewalk connections to buts stops. Attachment A(2) Comparison of Draft Financial Model Update Assumptions to Adopted Plans * Rounded values ** Receipt of funds projected to begin on October 1, 2014 (3/4 of full fiscal year) * ** Durham Plan costs were for FY12 and were blended across three agencies. Shaded cells show draft changes to assumptions from the adopted plans. 1/23/2014 Adopted Plan Draft Update Sales Tax FY2014 in Orange $5,000,000 $6,283,620 ST Growth Rate in Orange (FY15) 1.0% 3.0% LT Growth Rate in Orange (FY16 and beyond) 3.6% 4.4% FY2014 in Durham $18,956,000 $21,730,640 ST Growth Rate in Durham (FY15) 1.5% 3.5% LT Growth Rate in Durham (FY16 and beyond) 3.5% 4.6% $7 Registration Fee FY2015 in Orange $800,000* $784,488 Growth Rate in Orange 2.0% 2.0% FY2015 in Durham $1,644,000 $1,549,572 Growth Rate in Durham 2.0% 2.0% $3 Registration Fee FY2015 in Orange $350,000* $252,157 ** Growth Rate in Orange 2.0% 2.0% FY2015 in Durham $704,350 $498,205 ** Growth Rate in Durham 2.0% 2:0% %5 Rental Tax FY2015 in Orange $600,000* $503,000 Growth Rate in Orange 4.0% 4.0% FY2015 in Durham $1,081,000 $1,030,000 Growth Rate in Durham 4.0% 4.0% Federal Participation .5404 per vehicle revenue mile Section 5307 (grows 2.5% annually) .5404 per vehicle revenue mile Vehicle Purchases 80% 30% Bus Capital Projects 80% 38% MLK Busway 50% 50% Hillsborough Train Station 80% 80% D -O LRT 50% 50% D -R Commuter Rail 50% 50% State Participation SMAP 10% of new operating costs 7.5% of new operating costs Vehicle Purchases 10% 5% Bus Capital Projects 10% 8% MLK Busway 25% 25% Hillsborough Train Station 10% 10% D -O LRT 25% 25% D -R Commuter Rail 25% 25% Fare Recovery Chapel Hill Transit 0% 0% Orange Public Transportation 3.5% 3.5% Triangle Transit - Orange 15% 15% Triangle Transit - Durham 15% 15% DATA 20% 15% Durham County ACCESS 0% 0% FY13 Bus Operating Costs per Revenue Hour Chapel Hill Transit $97 $103 Orange Public Transportation $58 $58 Triangle Transit - Orange $97 $108 Triangle Transit - Durham $8s * ** $108 DATA $85 * ** $89 Durham County ACCESS $85 * ** $53 * Rounded values ** Receipt of funds projected to begin on October 1, 2014 (3/4 of full fiscal year) * ** Durham Plan costs were for FY12 and were blended across three agencies. Shaded cells show draft changes to assumptions from the adopted plans. 1/23/2014 Orange Durham Western Triangle Tax District Western Triangle Tax District Annual Cash Balance Attachment A(3) 7 YOE (000's) 30 Jun 25 30 Jun 26 30 Jun 27 30 Jun 28 30 Jun 29 30 Jun 30 30 Jun 31 30 Jun 35 $ (14,289) $ (16,045) $ (13,511) $ 2,663 $ 3,324 $ 5,027 $ 8,124 11,534 $ 57,251 $ 59,515 $ 74,176 $ 139,603 $ 157,244 $ 174,475 $ 195,037 17,119 E$228,6S3 $ 42,962 $ 43,470 $ 60,665 $ 142,267 $ 160,568 $ 179,502 $ 203,160 Closing Cash Balance YOE $ (000's) 800,000 Spike from FFGA revenue 700,000 -- through Grant Anticipation - " - "— — I 600,000 500,000 - - 400,000 300,000 -- - - - - -- - - -- - - — ----------- — -------------------------- _. 200,000 100,000 all0 23,600 O�A O�Q O�� O�� OHO O�� O�Q Obi Obi O�y O�� ObQ 00^ Oyu O�y 0�1 ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti Year 1/23/2014 Updated 5 -Year Bus Revenue Forecast Compared to Adopted Plan Attachment A(4) Bus Operations - Updated 5 -Year Forecast Bus Operations - Adopted Plan (Dollars shown in $3000's) (Dollars shown in $3000's) Orange FY14 FY15 FY16 FY17 FY18 FY19 Total Total Hours - Orange County 7,685 20,292 30,199 34,568 0.00 35,601 163,645 Total Cost 30.0% $ 736 $ 1,884 $ 2,904 $ 3,509 650 $ 3,788 $ 16,471 Federal Share 2.3% $ S $ 35 $ 70 E35,301 114 $ 160 $ 379 State Share 5.1% $ $ 44 $ 125 $ 194 235 $ 245 $ 844 Local Share 81.8% $ 736 $ 1,758 $ 2,622 $ 3,101 154 $ 3,233 $ 13,466 Farebox 3.9% $ $ 82 $ 122 $ 144 146 $ 150 $ 644 TTA OBRIP New Hours (FY14 $108 /hr) 5.0% 1,102 1 4,603 6,961 7,926 8,224 8,306 37,121 Total Cost 65.0% $ 119 $ 513 $ 799 $ 967 $ 1,004 $ 1,045 $ 4,446 Federal Share $ 34 $ $ $ 10 $ 19 $ 31 $ 44 $ 104 State Share 7.5% $ $ 9 $ 38 $ 60 $ 73 $ 75 $ 255 Local Share 5.0% $ 119 $ 422 $ 629 $ 744 $ 754 $ 776 $ 3,444 Farebox 15.0% $ $ 82 $ 122 $ 144 $ 146 $ 150 $ 644 CHT OBRIP New Hours (FY14 $103 /hr) 4,786 4,575 10,929 16,355 19,219 19,457 19,625 90,160 Total Cost 30.0% $ 471 $ 1,161 $ 1,791 $ 2,169 $ 2,264 $ 2,355 $ 10,211 Federal Share 5.0% $ $ $ 25 $ 51 $ 83 $ 116 $ 275 State Share 7.5% $ $ 35 $ 87 $ 134 $ 163 $ 170 $ 589 Local Share $ 799 $ 471 $ 1,125 $ 1,678 $ 1,984 $ 2,019 $ 2,069 $ 9,347 Farebox 0.0% $ $ $ $ $ $ $ OPT OBRIP New Hours (FY14 $44 /hr) 1,501 2,008 4,759 6,883 7,424 7,620 7,670 36,364 Total Cost $ 193 $ 88 $ 211 $ 315 $ 372 $ 382 $ 388 $ 1,756 Federal Share $ 17 $ $ $ $ $ $ $ State Share 5 19 $ $ $ $ $ $ 5 Local Share 100.0% $ 88 $ 211 $ 315 $ 372 $ 382 $ 388 $ 1,756 Farebox 0.0% $ $ $ $ $ $ $ Bus Caoital - Bus Acauisitions - Undated Assumntions Orange FY14 FY15 FY16 FY17 FY18 FY19 Total TTA Bus Acquisitions (2 buses) 0.00 458.45 0.00 487.31 0.00 0.00 945.76 Federal Share 30.0% 0.00 137.54 0.00 146.19 0.00 0.00 283.73 State Share 5.0% 0.00 22.92 0.00 24.37 0.00 0.00 47.29 Local Share 65.0% 0.00 297.99 0.00 316.75 0.00 0.00 614.75 CHT Bus Acquisitions (8 buses) $ 1,248 0.00 0.00 1,417.99 1,461.94 1,004.84 0.00 3,884.77 Federal Share 30.0% 0.00 0.00 425.40 438.58 301.45 0.00 1,165.43 State Share 5.0% 0.001 0.00 70.901 73.10 50.241 0.00 194.24 Local Share 65.0% 0.001 0.00 921.69 950.26 653.15 0.00 2,525.10 OPT Bus Acquisitions (2 buses) $ 34 0.00 150.41 0.00 0.00 164.84 0.00 315.25 Federal Share 30.0% 0.00 45.12 0.00 0.00 49.45 0.00 94.58 State Share 5.0% 0.00 7.52 0.00 0.00 8.24 0.00 15.76 Local Share 65.0% 0.00 97.77 0.00 0.00 107.15 0.00 204.91 Totals - Orange County 4,786 0.00 608.86 1,417.99 1,949.26 1,169.68 0.00 5,145.79 Total Federal Share 30.0% 0.00 182.66 425.40 584.78 350.90 0.00 1,543.74 Total State Share 5.0% 0.00 30.44 70.90 97.46 58.48 0.00 257.29 TotalLoc.1Share 65.0% 0.00 395.76 921.69 1,267.02 760.291 0.00 I 3,344.76 Bus Capital - Facilities - Uodated Assumptlons Orange I FY14 IFY15 IFY16 I FY17 IFY18 I FY19 ITotal Total Cost 25.00 950.05 1,541.75 2,467.95 2,222.241 0.00 7,206.99 Federal Share Bus Facility 38.0% 0.00 361.02 585.86 937.82 844.45 0.00 2,729.16 State Share Bus Facility 8.0% 0.00 76.00 123.34 197.44 _177.78F 0.00 574.56 Local Share Bus Facility 54.0% 25.001 513.03 832.54 1,332.69 1,200.01 0.00 3,903.27 Orange 2014 2015 2016 2017 2018 2019 Total Total Hours - Orange County 15,750 24,750 34,650 34,650 34,650 34,650 179,100 Total Cost 80.0% $ 1,608 $ 2,565 $ 3,702 $ 3,817 $ 3,935 $ 4,057 $ 19,684 Federal Share 8.9% $ 143 $ 228 $ 329 $ 340 $ 350 $ 361 $ 1,752 State Share 10.0% $ 161 $ 257 $ 370 $ 382 $ 394 $ 406 $ 1,968 Local Share 77.6% $ 1,248 $ 1,990 $ 2,873 $ 2,962 $ 3,054 $ 3,148 $ 15,275 Farebox 3.5% $ 56 $ 90 $ 130 $ 134 $ 138 $ 142 $ 689 TTA OBRIP New Hours 1,607 3,240 5,320 7,450 7,450 7,450 32,517 Total Cost $ 386 $ 616 $ 888 $ 916 $ 944 $ 974 $ 4,724 Federal5hare 8.9% $ 34 $ 55 $ 79 $ 82 $ 84 $ 87 $ 420 State Share 10.0% $ 39 $ 62 $ 89 $ 92 $ 94 $ 97 $ 434 Local Share 77.6% $ 299 $ 478 $ 689 $ 711 $ 733 $ 756 $ 3,666 Farebox 3.5% $ 14 $ 22 $ 31 $ 32 $ 33 $ 34 $ 165 CHT OBRIP New Hours 4,786 8,890 14,600 20,440 20,440 20,440 89,596 Total Cost $ 1,029 $ 1,642 $ 2,369 $ 2,443 $ 2,518 $ 2,596 $ 12,598 Federal Share $ 92 $ 146 $ 211 $ 217 $ 224 $ 231 $ 1,121 State Share $ 103 $ 164 $ 237 $ 244 $ 252 $ 260 $ 1,260 Local Share $ 799 $ 1,274 $ 1,839 $ 1,896 $ 1,954 $ 2,015 $ 9,776 Farebox M77.61%1 $ 36 $ 57 $ 83 $ 86 $ 88 $ 91 $ 441 OPT OBRIP New Hours 1,501 2,940 4,830 6,760 6,760 6,760 29,551 Total Cost $ 193 $ 308 $ 444 $ 458 $ 472 S 487 $ 2,362 Federal Share $ 17 $ 27 $ 40 $ 41 $ 42 $ 43 $ 210 State Share . 5 19 $ 31 $ 44 $ 46 $ 47 $ 49 $ 217 Local Share 77.6% $ 150 $ 239 $ 345 $ 355 $ 36fi $ 378 $ 1,833 Farebox 3.5% $ 7 $ 1L $ 16 $ 16 1 $ 17 $ 17 1 $ 83 Bus Caoital - Bus Acauisitions- Plan Orange 2013 1 2014 1 2015 1 2016 1 2017 1 2018 ITotal Total 1,606.00 1,222.00 1,654.00 1,876.00 0.00 0.00 6,358.00 Federal Share 80.0% 1,284.80 977.60 1,323.20 1,500.80 0.00 0.00 5,086.40 State Share 10.0% 160.60 122.20 165.40 187.601 0.00 0.00 635.80 Local Share 10.0% 160.60 122.20 165.40 187.60 0.00 0.00 635.80 Bus Capital - Facilities - Plan Orange 2013 1 2014 1 2015 1 2016 1 2017 1 2018 Total Total 656.00 2,664.00 3,379.00 0.00 0.00 0.00 6,699.00 Federal Share 80.0% 524.801 2,131.20 2,703.20 0.00 0.00 0.00 5,359.20 State Share 10.0% 65.60 266.40 337.90 OAO 0.00 0.00 669.90 Local Share 10.0% 65.60 266.40 337.901 0.00 0.00 0400 669.90 1/23/2014 9 Attachment A(5) Orange County Plan Revenues Total Orange County Revenues by Year ($YOE millions) Year 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1/2 -Cent Sales Tax* $ 3.9 $ 5.0 $ 5.0 $ 5.2 $ 5.4 $ 5.6 $ 5.8 $ 6.0 $ 6.2 $ 6.5 $ 6.7 $ 6.9 $7 Vehicle Registration Fee* $ 0.6 $ 0.8 $ 0.8 $ 0.8 $ 0.9 $ 0.9 $ 0.9 $ 0.9 $ 0.9 $ 0.9 $ 1.0 $ 1.0 $3 Vehicle Registration Fee* $ 0.3 $ 0.3 $ 0.4 $ 0.4 $ 0.4 $ 0.4 $ 0.4 $ 0.4 $ 0.4 $ 0.4 $ 0.4 $ 0.4 Car Rental Tax (existing) $ 0.6 $ 0.6 $ 0.6 $ 0.7 $ 0.7 $ 0.7 $ 0.7 $ 0.8 $ 0.8 $ 0.8 $ 0.9 $ 0.9 FTA Formula Funds $ 2.3 $ 2.4 $ 2.4 $ 2.5 $ 2.6 $ 2.6 $ 2.7 $ 2.8 $ 2.8 $ 2.9 $ 3.0 $ 3.0 Federal Projects Share $ 4.5 $ 8.0 $ 12.2 $ 7.0 $ 5.7 $ 4.6 $ 8.4 $ 14.3 $ 15.6 $ 34.5 $ 60.4 $ 48.4 State Projects Share $ 1.4 $ 1.9 $ 3.5 $ 3.3 $ 3.2 $ 2.7 $ 4.6 $ 7.6 $ 8.2 $ 17.7 $ 30.7 $ 24.7 Fares $ 0.0 $ 0.1 $ 0.1 $ 0.1 $ 0.1 $ 0.1 $ 0.1 $ 0.1 $ 0.2 $ 0.2 $ 0.2 $ 0.2 Bond Proceeds $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 5.8 $ 17.6 Total Revenue By Year $ 14.4 $ 20.2 $ 26.2 $ 21.1 $ 20.2 $ 18.9 $ 24.9 $ 34.1 $ 36.5 $ 65.2 $ 110.4 $ 104.5 Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 TOTAL 1/2 -Cent Sales Tax $ 7.2 $ 7.4 $ 7.7 $ 8.0 $ 8.3 $ 8.6 $ 8.9 $ 9.2 $ 9.5 $ 9.9 $ 10.2 $ 162.9 $7 Vehicle Registration Fee $ 1.0 $ 1.0 $ 1.0 $ 1.1 $ 1.1 $ 1.1 $ 1.1 $ 1.1 $ 1.2 $ 1.2 $ 1.2 $ 22.5 $3 Vehicle Registration Fee $ 0.4 $ 0.4 $ 0.4 $ 0.5 $ 0.5 $ 0.5 $ 0.5 $ 0.5 $ 0.5 $ 0.5 $ 0.5 $ 9.7 Car Rental Tax (existing) $ 0.9 $ 1.0 $ 1.0 $ 1.0 $ 1.1 $ 1.1 $ 1.2 $ 1.2 $ 1.3 $ 1.3 $ 1.4 $ 21.3 FTA Formula Funds $ 3.1 $ 3.2 $ 3.3 $ 3.4 $ 3.4 $ 3.5 $ 3.6 $ 3.7 $ 3.8 $ 3.9 $ 4.0 $ 70.9 Federal Projects Share $ 17.3 $ 1.4 $ 1.9 $ 2.2 $ - $ - $ - $ - $ - $ - $ 1.7 $ 247.9 State Projects Share $ 8.5 $ 1.2 $ 1.3 $ 1.4 $ 1.1 $ 1.1 $ 1.2 $ 1.2 $ 1,3 $ 1.3 $ 1.7 $ 130.6 Fares $ 0.2 $ 1.2 $ 1.2 $ 1.3 $ 1.3 $ 1.4 $ 1.4 $ 1.4 $ 1.5 $ 1.5 $ 1.6 $ 15.6 Bond Proceeds $ 1.2 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 24.5 s Total Revenue By Year $ 41.2 $ 18.3 $ 19.4 $ 20.2 $ 18.3 $ 18.9 $ 19.5 $ 20.1 $ 20.7 $ 21.3 $ 24.1 $ 706.0 Total Orange County Transit Plan $YOE Revenue to Year 2035 $ 706,000,000 *Revenue in first year is 75% of full value because revenue source is anticipated to be active on 4/1/2013, not 1/1/2013 Attachment A(6) Orange County Plan Revenues - Updated Forecast Total Orange County Revenues by Year ($YOE millions) 10 Year 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1/2 -Cent Sales Tax $ - $ 6,284 $ 6,472 $ 6,757 $ 7,054 $ 7,365 $ 7,689 $ 8,027 $ 8,380 $ 8,749 $ 9,134 $ 9,536 $7 Vehicle Registration Fee $ 956 $ 577 $ 784 $ 800 $ 816 $ 833 $ 849 $ 866 $ 883 $ 901 $ 919 $ 938 $3 Vehicle Registration Fee $ 410 $ - $ 252 $ 343 $ 350 $ 357 $ 364 $ 371 $ 379 $ 386 $ 394 $ 402 Car Rental Tax (existing) $ 233 $ 484 $ 503 $ 523 $ 544 $ 566 $ 589 $ 612 $ 637. $ 662 $ 689 $ 716 FTA Formula Funds * $ - $ - $ - $ 37 $ 99 $ 144 $ 168 $ 168 $ 167 $ 167 $ 166 $ 166 Federal Projects Share ** $ - $ 582 $ 1,748 $ 8,608 $ 6,647 $ 8,690 $ 6,803 $ 5,869 $ 16,120 $ 22,950 $ 22,950 $ 22,950 State Projects Share ** $ 303 $ 1,165 $ 1,375 $ 1,072 $ 1,942 $ 3,647 $ 3,402 $ 2,934 $ 8,415 $ 17,166 $ 21,832 $ 15,477 Fares $ - $ 30 $ 80 $ 121 $ 146 $ 150 $ 155 $ 159 $ 164 $ 170 $ 175 $ 180 Bond Proceeds * ** $ 21,627 $ - $ _ $ _ $ - $ _ $ _ $ - $ 126,523 $ - $ - $ 8,161 Bond Proceeds $ 21,627 $ $ $ $ $ $ $ $ _ $ $ $ 8,161 GAN Proceeds $ - $ $ $ $ $ $ $ $ 126,523 $ $ $ - Total Revenue By Year $ 535 $ 9,121 $ 11,215 $ 18,262 $ 17,598 $ 21,751 $ 20,018 $ 19,007 $ 161,669 $ 51,150 $ 56,258 $ 58,525 Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Total 1/2 -Cent Sales Tax $ 9,955 $ 10,393 $ 10,851 $ 11,328 $ 11,826 $ 12,347 $ 12,890 $ 13,457 $ 14,049 $ 14,668 $ 15,313 $ 222,523 $7 Vehicle Registration Fee $ 956 $ 975 $ 995 $ 1,015 $ 1,035 $ 1,056 $ 1,077 $ 1,098 $ 1,120 $ 1,143 $ 1,166 $ 20,804 $3 Vehicle Registration Fee $ 410 $ 418 $ 426 $ 435 $ 444 $ 452 $ 462 $ 471 $ 480 $ 490 $ S00 $ 8,585 Car Rental Tax (existing) $ 745 $ 775 $ 805 $ 838 $ 871 $ 906 $ 942 $ 980 $ 1,019 $ 1,060 $ 1,102 $ 16,800 FTA Formula Funds * $ 165 $ 165 $ 164 $ 164 $ 164 $ 163 $ 163 $ 162 $ 162 $ 162 $ 161 $ 3,076 Federal Projects Share ** $ 22,950 $ 22,950 $ 23,213 $ 22,550 $ 844 $ 506 $ 0 $ 0 $ 0 $ 0 $ 0 $ 216,931 State Projects Share ** $ 21,014 $ 2,642 $ 791 $ 687 $ 141 $ 84 $ 0 $ 0 $ 0 $ 0 $ 0 $ 104,090 Fares $ 186 $ 2,178 $ 2,246 $ 2,315 $ 2,387 $ 2,461 $ 2,537 $ 2,616 $ 2,697 $ 2,781 $ 2,867 $ 26,801 Bond Proceeds * ** $ 21,627 $ 428 $ - $ - $ - $ - $ - $ _ $ _ $ _ $ - $ 156,739 Bond Proceeds $ 21,627 $ 428 $ $ $ $ $ $ $ $ $ $ 30,216 GAN Proceeds $ - $ - $ $ $ $ $ $ $ $ $ $ 126,523 Total Revenue By Year $ 78,008 $ 40,925 $ 39,492 $ 39,331 $ 17,711 $ 17,976 $ 18,071 $ 18,785 $ 19,528 $ 20,303 $ 21,109 $ 776,347 * Includes revenues from 5307 for bus operations only ** Includes expense from bus capital, rail capital (including Hillsborough train station), and bus acquisitions and replacements * ** Includes proceeds from grant anticipation notes 1/23/2014 Attachment What is the Central and Rural Orange A(7) County Bus Service Expansion Progra__m? liqip -Y + >r � & �`.,w �' .cam t:M s � :*s2i +_r e, i �'�•;':*�s%6° ? c :�^ a � x 1, .. ✓.. ,.,,�` a`f, , ;, � x;;��y` , s , a. *s le 3* s^� s x �, r - � � - ❑ Joint five -year program between Orange County and Triangle Transit o Year -by -year list of bus operating and capital projects for services provided by Orange County (OPT) and Triangle Transit to areas outside of Chapel Hill/Carrboro -, Bus program will be referenced in updated Orange County Transit Plan (Spring 2014) 12 oj Held four joint County /TTA public outreach meetings in Hillsborough, Cedar Grove, Efland, and Mebane 83 attendees total ❑ Received 230 surveys at public meetings, on board buses, and online o Conducted survey of Duke employees who live in Orange/Alamance Counties ❑Met with various stakeholders: OUTBoa rd Department on Aging Department of Social Services 13 C ontinued funding of Hillsborough Circulator E7 New OPT services and bus stop improvements 0- New Triangle Transit service connecting western Orange County, Hillsborough and Durham Narrowing short and long term options for a Park -and- Ride facility along US -70 in Hillsborough Still determining potential stop location(s) in western Orange County /eastern Alamance County Potential funding /service coordination opportunities with PART and Burlington- Graham MPO 14 February: Completion of draft Five -Year Bus Service Expansion Program March: Presentation of draft Program to BOCC, TTA Board, and Hillsborough Town Council April: Requested approval or endorsement of final Program by BOCC and TTA Board Fall 2014: Earliest implementation of services