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Durham-®range Triangle Regional Transit Program Financial Plan Draft <br /> Assumptions <br /> County Orange Durham <br /> Split point for D-O LRT CH Town Limit; Orange Pas Gateway Area <br /> Light Rail Alignment* (UNC Hospital to Alston Avenue UNCD-Hill-SSE <br /> Sales Tax Growth Rate 2015 and beyond) 3.6% 3.50% <br /> Value Capture Revenue? annual None None <br /> Value Capture Revenue Years NA NA <br /> Institutional Revenues? annual None None <br /> Institutional Revenues Years NA NA <br /> Opening Year Light Rail 2025 2025 <br /> Opening Year MLK Bus Lanes 2017 2018 <br /> Local Municipal Contributions Per Year $0 <br /> County LRT Capital Cost, Millions$2011 $330 $1,050 <br /> County LRT Annual Operating Cost, Millions $2011 $3.2 $11.30 <br /> MLK Bus Lanes Capital Cost, Millions$2011 $22 <br /> MLK Bus Lanes Operating Cost, Millions$2011 NA <br /> Commuter Rail Capital Cost, Millions$2011 $300 <br /> Commuter Rail Operating Cost, Millions$2012 $2.57 <br /> First Year New Bus Hours 22,050 25,000 <br /> First Three Years New Bus Hours 44,100 50,000 <br /> Total New Bus Hours 50,400 77,500 <br /> All New Bus Hours Obtained By 2032 2033 <br /> Borrowing Millions$2011 $30 $155 <br /> Debt Service Coverage Ration Tests Met? YES YES <br /> Cash on Hand Test Met? $10M Durham, $2M Orange) YES YES <br /> Fixed Guideway Dividend Hours" 30,000-45,000 15,000-37,500 <br /> Cash Balance in 2035 Millions in$2035 $50 $95 D <br /> Cash Balance in 2035 Millions in$2011 $25 $48 v <br /> n <br /> 3 <br /> CD <br /> J <br />