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Attachment 3a 17
<br /> Orange County Bus and Rail Investment Plans
<br /> Frequently Asked Questions
<br /> October 14, 2016
<br /> Plan Finances Through Fiscal Year (FY) 2016
<br /> Q: How much money has been collected so far for transit in Orange County, and how has that
<br /> money been spent?
<br /> A: Orange County voters approved the sales tax and vehicle registration fee increases authorized
<br /> by HB 148 in 2012. The vehicle rental tax was collected prior to the vote. The table below
<br /> illustrates the amounts and sources of revenue and expenses by fiscal year. Please note that
<br /> FY16 totals are unaudited.
<br /> Bus and Rail Investment Plan Revenues and Expenses: Orange County
<br /> FY 16
<br /> Revenues FY 13 FY 14 FY 15 unaudited
<br /> 0.5% sales tax - tax district $ 989,103 $ 6,559,793 $ 6,189,162 $ 6,164,293
<br /> Vehicle Rental tax $ 123,125 $ 476,437 $ 501,185 $ 538,591
<br /> $7 Vehicle Registration Fee $ - $ 565,560 $ 813,290 $ 772,975
<br /> $3 Vehicle Registration Fee $ - $ - $ 238,368 $ 331,296
<br /> Total Revenues* $ 1,112,228 $ 7,603,341 $ 7,793,941 $ 8,042,163
<br /> Expenses
<br /> Administration $ - $ 54,848 $ 46,657 $ 68,302
<br /> Bus Services** $ - $ 530,100 $ 1,379,291 $ 2,513,000
<br /> LRT Development*** $ - $ 2,008,215 $ 3,322,213 $ 2,447,836
<br /> Total Expenses $ - $ 2,593,163 $ 4,748,161 $ 5,029,138
<br /> Reserves $ 1,112,228 $ 5,013,178 $ 3,045,780 $ 3,013,025
<br /> * Includes interest and investment; excludes grants
<br /> ** Per the Staff Working Group. Includes GoTriangle, Chapel Hill Transit, and Orange Public
<br /> Transportation
<br /> *** Light rail expenses are split 77.05% Durham and 22.95% Orange
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