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Agenda - 05-03-2012 - 1
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Agenda - 05-03-2012 - 1
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11/17/2015 12:16:03 PM
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5/1/2012 9:36:13 AM
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BOCC
Date
5/1/2012
Meeting Type
Work Session
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Agenda
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1
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Minutes 05-03-2012
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\Board of County Commissioners\Minutes - Approved\2010's\2012
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13 <br /> Draft Orange County Transit Plan FAQ <br /> Q6: What portion of local money is being proposed to pay for bus & rail capital <br /> and operating costs? <br /> A6: On April 3, 2012, a chart included on page 6 of the Orange County Board of <br /> Commissioners meeting packet erroneously represented the cost of building light <br /> rail in Chapel Hill as 91% of the cost of the total plan expenditures. This was <br /> inaccurate, and a correct version of the chart is shown below: <br /> How Orange County Dollars Are Spent in the <br /> Draft Plan, Years 2013 to 2045 <br /> 2% <br /> 10% Rail Capital <br /> Rail Operations <br /> a. ` Bus Operations <br /> Ii Bus Capital <br /> 43% 1790 Debt service <br /> Figure 1.Local Spending-Total of$839 million in Year-of-Expenditure(inflated)dollars to year 2045 <br /> Chart prepared by Triangle Transit staff <br /> April 23, 2012 <br /> As the chart demonstrates, local spending in the plan is actually split <br /> approximately 50:50 between bus and rail projects, with the remainder of the <br /> project costs covering debt for bonds. <br /> Q7: I heard that commuter rail is part of the transit plan connecting Durham <br /> and Wake Counties. Hillsborough is located along the same railroad tracks and <br /> is planned to have a train station in the future, so why is commuter rail not <br /> being extended to Hillsborough as a part of the Orange County Transit Plan? <br /> 4 <br />
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