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Orange County Transit Financial DRAFT Plan: November 7, 2011 <br />ASSUMPTIONS ::- ~: ~ . , _ <br />s <br />Sales Tax Growth Rate (2015 and beyond) 2.5% <br />Enhanced MLK Bus Lanes Capital Cost $22 1 <br />Light Rail Capital Costs Attributed to Orange County, Millions $2011 $330 <br />Annual Light Rail Operating Costs Attributed to Orange County, Beginning 2025, Millions $3.2 <br />Federal Share of Light Rail and Bus Lane Capital Costs 50% <br />State Share of Light Rail and Bus Lane Capital Costs 25% <br />.OUTCOMES. ; ,. _ <br />Enhanced MLK Bus Lanes 2018 <br />Light Rail DT UNC Hospital to Alston Avenue 2025 <br />Annual Rail Train-Car Hours (UNC Hospital to Alston Ave) 44,000 <br />Rail Dividend New Annual Bus Hours* 15,000 to 25,000 <br />jBUS SERVICE _ '` ' . <br />Bus Capital Investment, Millions $2011(first five years) $3.0 <br />Total New Annual Bus Hours by 2025 44,100 <br />Total New Annual Bus Hours by 2035 50,400 <br />FINANCIAL' _ .. _ - <br />Debt Service Coverage Ratio Tests Met? YES <br />Cash on Hand Test Met? ($3m Orange) YES <br />Cash Balance in 2035 (millions in $2011/$2035) $25/$45 <br />.. <br />*When rail lines open, bus services operating in those corridors can be re-directed to new purposes <br />These hours are additional to the "Total New Hours" <br />26 <br />Prepared by Triangle Transit Staff <br />Updated 11-07-2011 <br />