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Minnesota Department of Transportation <br /> <br />Agenda Item ~3c <br /> <br />Office of Passenger Rail Transit <br />Mail Stop 475 <br />395 John Ireland Blvd. <br />St. Paul, MN 55155 <br /> <br />Phone: 651/215-6800 <br /> Fax: 651/284-4113 <br /> <br />Date: October 12, 2001 <br /> <br />To: Northstar Commuter Rail Corridor Coordinating Committee <br /> <br />Regarding: Information Request <br />Meeting Date: October 18, 2001 <br />Subject: Proposed Source of Operating and Maintenance Funds <br /> <br />The proposed source of Northstar commuter rail operating and maintenance funds is a <br />combination of passenger revenues (fare box), Federal Transit Administration (FTA) <br />grants, and the State of Minnesota General Fund. The estimated percentages and values <br />for each for some of the early operating years are shown below. (Fiscal year 2007 will <br />be the first full year of operation.) Each of the figures is in that year's dollars and is for <br />service between Minneapolis and R.i~e, Minnesota. <br /> <br />Sources of FY 2007 FY 2007 FY 2008 FY 2008 FY 2009 FY' 2009 <br />Operating Funds $ <br />Passenger $ 4.39 29.4 % $ 4.76 31.1% $ 4.90 31.2 % <br />Revenue <br />FTA Sect 5307 $ 5.39 36.1% $ 5.39 35.2 % $ 5.39 34.4 % <br />Minnesota $ 5.15 34.5 % $ 5.16 33.7 % $ 5.40 34.4 % <br />General Fund <br />Total $14.93 I 100.0 % $15.31 100.0 % $15.69 100.0 % <br /> <br />The FTA grants are proposed to come from Section 5307 urban formula grants. The <br />formulae a_r_e_~?sed on demo?_ap_h_ic_,_ level of service, ridership, and operating costs <br />v~f/a~l~s. Our plan aSsumes that the funding increment that results from the additional <br />fixed guideway route miles and additional fixed guideway vehicle miles of service <br />pertaining to Northstar Corridor commuter rail service will be made available to the <br />project. This will require cooperation with among the corridors transit agencies, <br />including the designated recipients: Met Council and St. Cloud MTC. <br /> <br />FTA limits the application of these grants to capital purposes, but an exception i_s made. <br />for maintenance expenses that protect the system's assets. We will have' to apply ail uf · <br />these funds to preventative maintenance. <br /> <br />Mike Schadauer <br />Mn/DOT Northstar Corridor Rail Project Manager <br /> <br />An equal opportunity employer <br /> <br /> <br />