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LEGISLATIVE STRATEGY FOR NORTHSTAR <br /> 2OOO - 2001 <br /> <br />CAPITAL COSTS NEEDS $54 MILLION <br /> 2000 - $19 MILLION (CASH) <br /> <br /> 2001 -$35 MILLION (BONDS) <br /> <br />OPERATIONS AND MAINTENANCE COSTS <br /> <br /> TOTAL ANNUAL ESTIMATE YEAR 2003 <br /> TO ST. CLOUD <br /> LESS FARE BOX REVENUE <br /> <br />OPERATIONS & MAINTENANCE NEEDS <br /> <br />$12 MILLION <br />$3.5 MILLION <br /> <br />$8.5 MILLION** <br /> <br />OPERATIONS AND MAINTENANCE COSTS. <br /> <br />TOTAL ANNUAL ESTIMATE YEAR 2003 <br /> TO ST. CLOUD $12 MILLION <br /> TO RICE & FEEDER BUS $ 2 MILLION <br /> LESS FARE BOX REVENUE $4.6 MILLION <br /> <br />OPERATIONS & MAINTENANCE NEEDS <br /> <br />$9.4 MILLION** <br /> <br />**STATE GENERAL FUND APPROPRIATIONS FOR TRANSIT <br /> OPERATIONS $4.5 MILLION <br /> <br />**REGIONAL TRANSIT FUNDING FROM A PORTION OF <br /> THE 1991 COUNTY ADOPTED ONE HALF CENT SALES <br /> TAX $4.0 MILLION <br /> <br />DEDICATION OF A PERCENTAGE OF CURRENT 6.5% SALES TAX. TWO <br />SEPARATE FUNDS - METRO AND NON METRO - CREATED. METRO FUND <br />WOULD REMOVE TRANSIT OPERATIONS FROM PROPERTY TAX AND <br />PROVIDE REVENUE TO GROW THE TRANSIT SYSTEM, INCLUDING <br />BUSWAYS AND COMMUTER RAIL. (SEE ATTACHED SHEET FOR YIELDS) <br /> <br /> <br />