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78 <br /> Assumptions in Orange County and Durham County Financial Plans for Bus and Rail Transit <br /> September 26, 2012 <br /> ASSUMPTIONS <br /> ORANGE DURHAM <br /> Sales Tax Growth Rate to 2015 1.00% 2.00% <br /> Sales Tax Growth Rate 2016 and Beyond 3.60% 3.50% <br /> Light Rail Capital Cost Responsibility (Percentage) 22.95% 77.05% <br /> Light Rail Operating Cost Responsibility(Percentage) 23.95% 76.05% <br /> Light Rail Capital Cost Share Based on Current Cost Estimates ($2011 millions) $ 316.2 $ 1,061.8 <br /> Light Rail Operating Cost Share Based on Current Cost Estimates($2011 millions) $ 3.46 $ 10.98 <br /> MLK Bus Lanes Capital Cost ($2011 millions) $ 22.1 NA <br /> MLK Bus Lanes Operating Cost* ($2011 millions) $ - NA <br /> Hillsborough Intercity Train Station Capital Cost ($2011 millions) $ 8.0 NA <br /> Hillsborough Intercity Train Station Operations Cost ** Not part of plan <br /> Amount borrowed by Triangle Transit to execute the plan ($2011 millions) $25 $165 <br /> Plan Minimum Cash Balance ($2011 millions) $4.1 $12.9 <br /> OUTCOMES <br /> New Bus Hours in First Five Years of Plan 34,650 45,000 <br /> Total Cumulative New Bus Hours by End of Plan (Year 2035) 40,950 87,500 <br /> Opening Year for Hillsborough Intercity Train Station 2015 NA <br /> Opening Year for MLK Bus Lanes 2019 NA <br /> Opening Year for Light Rail 2026 2026 <br /> "Rail Dividend" Bus Hours that can be re-directed when Light Rail Opens 30,000-45,000 12,000-35,000 <br /> Plan Cash Balance in 2035 ($2035 millions) $45 $89 <br /> Plan Cash Balance in 2035 ($2011 millions) $23 $46 <br /> *MLK Bus Lanes have no operating costs because existing, already-paid-for bus services will be-re-organized to use the bus lanes <br /> **Operations cost of Intercity Rail Station assumed to be covered in existing station plans by NCDOT Rail Division and Town <br /> of Hillsborough. Capital Cost contribution of the Orange County plan is 10%of total capital cost for Hillsborough train station. <br /> Light green indicates updated cell or figure since previous draft <br />