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NSBRT Funding <br />7 <br />•Current financial plan assumes 80% ($112M) of project funding to come <br />through Federal Sources, 20% ($28M) from non-federal sources <br /> <br />•Project needs to demonstrate commitment of at least half the non-federal share <br />($14M) by September 2019 to stay in Project Development and be considered <br />for moving into Project Design <br /> <br />•Currently we have $6.1M of non-federal funds committed through the <br />Orange County Transit Plan, we have requested an additional $8M <br /> <br />•We have also submitted a request for $25M as part of the SPOT 6.0 process. <br /> <br />Joint Executive Boards 5/29/2019 Item 4ii <br />Page 7 of 8 <br />13