|
6
<br /> FY26 Annual Work Program
<br /> SUMMARY
<br /> This description of the FY26 Work Program highlights its focus on maintaining fiscal responsibility while advancing
<br /> transit investments. It emphasizes a shift from completing earlier projects to initiating new services aligned with the
<br /> Orange County Transit Plan.The Chapel Hill Transit North-South Bus Rapid Transit(N-S BRT)project is positioned
<br /> as a key priority, with funds allocated for its continued development.
<br /> Additionally, investments in capital projects such as replacement bus purchases and vehicle
<br /> acquisition/replacement reflect a commitment to maintaining and modernizing transit infrastructure. The program's
<br /> financial health, attributed to robust sales tax revenue growth, ensures expenditures align with revenues,
<br /> showcasing a balanced approach to transit development.
<br /> This proposed work plan designates funding to five (5) agencies in FY26: Orange County/OPT, Chapel Hill/CHT.
<br /> Hillsborough, Go Triangle, and the DCHC MPO. Programmed expenditures by agency:
<br /> Capital Summary Operations and Administration Summary
<br /> Sum of Prior Sum of FY26 Sum of FY26
<br /> Agency Year Balance Request Agency Request
<br /> Chapel Hill/CHT $ 8,562,832 $ 2,055,583 Chapel Hill/CHT $ 3,051,033
<br /> GoTriangle $ 3,923,650 $ 1,625,000 DCHC MPO $ 41,821
<br /> Orange County/OPT $ 200,000 $ - GoTriangle $ 3,585,023
<br /> Town of Carrboro $ 1,040,616 $ 918,966 Orange County/OPT $ 1,604,868
<br /> Town of Hillsborough $ 416,036 $ 719,897 Grand Total $ 8,282,746
<br /> Grand Total $ 14,143,134 $ 5,319,446
<br /> Category Sum of Prior Sum of FY26 Category Sum of FY26
<br /> g y g y Year Balance Request Request
<br /> Capital Planning $ 694,998 $ 35,000 Tax District Administration $ 337,516
<br /> Vehicle Acquisition $ 1,007,833 $ 350,000 Transit Operations $ 7,121,101
<br /> Transit Infrastructure $ 12,440,303 $ 4,934,446 Transit Plan Administration $ 824,128
<br /> Grand Total $ 14,143,134 $ 5,319,446 Grand Total $ 8,282,746
<br />
|