Proposition 1B
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September 19 & 20, 2007 Items 4.11a,b, & c Tabs 15, 16, & 17 PowerPoint PPT Presentation


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Proposition 1B Intercity Rail Bond Program. September 19 & 20, 2007 Items 4.11a,b, & c Tabs 15, 16, & 17. Intercity Passenger Rail Bond Program. How Does Intercity Passenger Rail Fit Into the Proposition 1B Bond Program?. Intercity Passenger Rail Bond Program.

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September 19 & 20, 2007 Items 4.11a,b, & c Tabs 15, 16, & 17

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September 19 20 2007 items 4 11a b c tabs 15 16 17

Proposition 1B Intercity Rail Bond Program

September 19 & 20, 2007

Items 4.11a,b, & c

Tabs 15, 16, & 17


September 19 20 2007 items 4 11a b c tabs 15 16 17

Intercity Passenger Rail Bond Program

How Does Intercity Passenger Rail Fit Into the Proposition 1B Bond Program?


September 19 20 2007 items 4 11a b c tabs 15 16 17

Intercity Passenger Rail Bond Program

Proposition 1B Contained Several Potential Sources of Funds for Intercity Rail Projects:

  • Public Transportation Modernization, Improvement, and Service Enhancement Account

  • STIP Augmentation

  • Highway-Railroad Crossing Safety Account

  • Transit System Safety, Security, and Disaster Response Account

  • Trade Corridors Improvement Fund


September 19 20 2007 items 4 11a b c tabs 15 16 17

Intercity Passenger Rail Bond Program

What is the Process for Developing the Intercity Passenger Rail Capital Program?


September 19 20 2007 items 4 11a b c tabs 15 16 17

Intercity Passenger Rail Bond Program

Corridor Strategic Business Plan:

  • A “vision document” setting long term performance goals

    • Frequency

    • Reliability

    • Running Time

  • Identifies projects necessary to meet performance goals

    • Fiscally unconstrained

    • Based on operational modeling

    • Projects usually characterized as Immediate, Near Term, and Long Range


September 19 20 2007 items 4 11a b c tabs 15 16 17

Intercity Passenger Rail Bond Program

Strategic Plan Performance Goals Consider:

  • Ridership and Revenue Impacts

  • Financial viability (farebox recovery) of added frequencies, extensions, or new services

  • Local interest and support

  • Operating railroad capacity and interest in negotiating for capacity improvements

  • Ability to relieve congestion on parallel routes

  • Air quality and greenhouse gas improvements


September 19 20 2007 items 4 11a b c tabs 15 16 17

Intercity Passenger Rail Bond Program

Plans Completed

Plans Under Development


September 19 20 2007 items 4 11a b c tabs 15 16 17

Intercity Passenger Rail Bond Program

Strategic Plan Projects Included in “10 Year State Rail Plan” based on following criteria:

  • Expand capacity to increase frequencies and/or improve reliability

  • Reduce running times

  • Improve operations and efficiency of equipment, stations, and facilities and accommodate expanded services

  • Enhance multi-modal connectivity

  • Increase farebox recovery

  • Improve safety and security

  • Allow new, cost-effective routes


September 19 20 2007 items 4 11a b c tabs 15 16 17

Intercity Passenger Rail Bond Program

State Rail Plan Projects selected for Prop. 1B, ITIP, or other funding based on:

  • Available funding and requirements

  • Ability to leverage funds from other sources and partners

  • Joint commuter and freight benefits

  • Geographic equity considering ridership, revenue, and past investments

  • Prop. 1B funds proposed for use on high priority, high cost projects that would not otherwise be funded

  • Absolute necessity of a project (i.e. loss of service without implementation of the project)

  • Efficiencies gained by grouping projects


September 19 20 2007 items 4 11a b c tabs 15 16 17

Intercity Passenger Rail Bond Program

How Do Proposed 1B Projects Meet Strategic and 10 Year State Rail Plan Goals?


September 19 20 2007 items 4 11a b c tabs 15 16 17

Intercity Passenger Rail Bond Program

Project Approval Process:

  • Proposition 1B (SB 1266) silent on role CTC to play in approving projects

  • At June 2007 meeting, Commission concurred in a two step process

    • Commission Advice and Consent on proposed list of projects

    • Commission concurrence in Department’s request to proceed with an individual project prior to executing funding agreements

  • Department requests opportunity to return to the Commission to request modification of the project list because of changes in funding, project deliverability, or cost


September 19 20 2007 items 4 11a b c tabs 15 16 17

Intercity Passenger Rail Bond Program

Questions?


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