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Agenda - 04-27-2017 - 1 - Consideration of the Final Draft Durham – Orange Light Rail Cost Sharing Agreement and Final Draft Orange County Transit Plan
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Agenda - 04-27-2017 - 1 - Consideration of the Final Draft Durham – Orange Light Rail Cost Sharing Agreement and Final Draft Orange County Transit Plan
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4/26/2017 3:09:56 PM
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BOCC
Date
4/27/2017
Meeting Type
Work Session
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Agenda
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1
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68 <br /> Orange County Transit Plan April 25, 2017 <br /> 5. Financial Plan <br /> This Plan is fiscally constrained, and it relies on estimates and <br /> assumptions that have been developed by agency staff using <br /> current information and forecasting expertise. As time passes <br /> and new information is gathered, these estimates and <br /> assumptions may evolve. It will be important to monitor the <br /> potential effect of new information on the cost and timing of <br /> the projects included in this Plan. In addition, factors such as <br /> inflation, revenue growth, competition for federal funding and <br /> access to capital markets, and regional partnerships will <br /> influence the overall financial outlook of the Plan. <br /> This Section documents current assumptions to implement <br /> projects and services included in the program in Section 4.A <br /> summary of the assumptions included in this Financial Plan are <br /> provided in Table 4.8-1. <br /> Final Page 44 of 65 <br />
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