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4.1. SR 09-16-2002
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4.1. SR 09-16-2002
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1/21/2008 8:31:55 AM
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9/16/2002
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- Analysis <br /> <br />The following information spreadsheets document the computation of the benefit-cost <br />ratio for Northstar Commuter Rail. The table below provides a quick summary of the <br />benefits, costs, benefit-cost ratio and net present value. <br /> <br />The next two pages show the elements that feed into the benefits. The third page <br />shows the benefits and costs, in 2001 dollars, as they occur in each year of the <br />analysis period. It also includes a table in which the remaining capital value at the <br />end of the analysis period is computed. The last page converts the benefits and <br />costs from each year into their net present value using a discount rate of 4.5%. This <br />is the data that is ultimately used to compute the benefit-cost ratio. <br /> <br />Benefit / Cost Indicator in 200'1 <br /> <br /> Benefit Summary (thousands) I 200~ I 2013~ 2020 <br />]'ime Savings to Commuters I <br />- Auto to Rail Users -$83~ changes in equal increments from 2005 to 2020 $969 <br />- Bus to Rail Users $2,192 changes in equal increments from 2005 to 2020 $2,099 <br />- Highway Users $£ changes in equal increments from 2005 to 2020 $£ <br />Time Savings Subtotal $1,358 changes in equal increments from 2005 to 2020 $3,06~ <br />Vehicle Operating Cost Savings I $12,005{ changes in equal increments from 2005 to 2020 I <br /> $13,64~ <br />Vehicle Accident Cost Savings I $3,925{ changes in equal increments from 2005 to 2020 I <br />Pollution Cost Savings I <br />- Air Pollution $2,180 changes in equal increments from 2005 to 2020 $2,18¢ <br />- Noise Pollution $0 changes in equal increments from 2005 to 2020 $¢ <br />Pollution Subtotal $2,180 changes in equal increments from 2005 to 2020 $2,18¢ <br />3,ommuter Rail Capital Costs $243.2(~ <br /> <br />~,nnual Operating & Maintenance Costs $13.0." slowly increases from <br /> year 2006 to 2020 $14.57 <br />Capital Value at End of Analysis <br />Benefit-Cost Ratio 0.84 <br />Net Present Value (millions) -$42.4z <br /> <br /> <br />
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