Next Capital Funding Agreement

Transcription

1 Finance & Administration Committee Action Item II-A April 22, 2010 Next Capital Funding Agreement

2 The Next Capital Funding Agreement and the Capital Program Finance and Administration Committee April 22, 2010

3 Purpose To update the Board on the progress of the Next Capital Funding Agreement and changes to the FY Proposed Capital Improvement Program (CIP)

4 Glossary System Performance Funds jurisdictional funds over and above those funds required to match any Federal grant (previously know as local additional funds )

5 Next Capital Funding Agreement and Capital Program Next Capital Funding Agreement

6 Benefits of a Multi-Year Funding Agreement Provides steady stream of funding and minimizes debt and cost of capital Ahi Achieves economies of scale Includes a financial plan that incorporates financing to smooth out peaks and valleys inherent in funding multi-year programs Allows jurisdictional partners to plan their multi-year capital improvement programs (CIPs) Saves partners money on pay-as-you-go expenditure basis Ensures that jurisdictions get what they sign on for if the project list j g y g p j is fixed over time

7 No Funding Agreement Line of Credit Line of Credit ($500M Rail Cars and $400M General) Meets Section 22 of the Compact Provides ongoing cash-flow support Provides backstop if funds are not appropriated Advantages Increased funding flexibility for compact jurisdictions Supports long-term contracting needs of multi-year projects Allows for increases in Metro capital funding Disadvantages Potentially yperceived as a reduction in region s support for Metro Allows for decreases in Metro capital funding Implementation Issues/ Concerns Assuming feasible, cost of purchasing lines of credit estimated at $55M over FY CIP timeframe

8 Partial Agreement for Long-term Contracts Only Partial Agreement for Long-term contracts t only Line of credit (LOC) to support annual program ($250M) Advantages Increased funding flexibility for compact jurisdictions Supports long-term contracting needs of multi-year projects, and reduces contracting and financing costs Allows increased capital funding for general capital needs Disadvantages Creates separate classes of capital projects with separate project controls Projects funded separately might avoid needed oversight May privilege "highprofile" projects over basic maintenance Allows decreased capital funding for general capital Implementation Issues/ Concerns Cost of purchasing LOC estimated at $12M over FY CIP timeframe Negotiating separate agreements for different classes of projects could add delay and cost Possible incentive to pack projects into partial agreements to assure their funding

9 Flexible Six-Year Agreement Flexible Six-Year Agreement minimum funding commitment to match Federal funds, and to annually assess availability of additional funds Line of credit to support annual program ($250M) Advantages Demonstrates commitment to Metro capital funding needs Preserves funder flexibility Reduces contracting and financing costs All projects under one roof supports oversight and spending efficiency Allows for increases in Metro capital funding Disadvantages Establishes only a minimum funding commitment Minimum commitment could be confused for "full" commitment t Allows for decreases in Metro capital funding Implementation Issues/ Concerns Cost of purchasing LOC estimated at $5M over FY CIP timeframe Would require annual discussions i with jurisdictions above minimum funding commitment

10 Steps in formulating the Multi-Year Funding Agreement September 2009 December 2009 March 2010 FAO Committee presentation on the Next Capital Funding Agreement options JCC Working Group sessions on the Multi-Year Funding Agreement and FY Capital Improvement Program (CIP) January 2010 Proposed Budget and CIP presented to the FAO Committee March 2010 JCC and jurisdictional CFOs received draft copy of the Multi-Year Funding Agreement

11 Timeline for Jurisdictional and Board Actions April 22 Authorization to negotiate consistent with an approved funding approach April - May Jurisdictional and Metro staff refine agreement language May FA Committee Committee review of draft agreement and referral to Board May Board Approval of agreement and distribution to jurisdictions for signature Late May Jurisdictional staff initiate processes for required approvals Week of June 7 Public Roundtable by Council of the District of Columbia Committee on Public Works and Transportation June 7 or 21 City of Falls Church City Council Work Session June 8 (tentative) Washington Suburban Transit Commission Meeting June 12 Arlington County Board Meeting June 15 Council of the District of Columbia Meeting Committee of the Whole June 22 Meetings of the Fairfax County Board of Supervisors, Alexandria City Council and City of Fairfax Council June 28 City of Falls Church City Council Meeting June 30 General Manager execution of agreement

12 Next Capital Funding Agreement and Capital Program Capital Program

13 FY CIP Key Points Current program is mainly focused on state of good repair Expansion/enhancement is extremely limited What Is Funded Funding reserved for NTSB Recommendations Replacement of 300 oldest rail cars Rehabilitation of oldest segments of rail system Replacing and rehabilitating dilapidated bus garages What Isn t Funded Station entrance canopies Expansion of bus fleet to provide more and improved bus service Investment in IT modernization slowed Delayed start on 8-Car Train Power Upgrades Test Track & Commissioning Facility

14 CIP Assumptions Source of Funds Proposed Budget Revised Budget Federal Formula Grants 4-5% growth 1% growth in FY 2011, 4% FY , and 5% FY Systems Performance $108M annually $22M in FY 2011, $70M Funds (local additional) in FY 2012, and $108M FY Debt $442M $179M Use of Funds Program Management Stand alone project, Allocated to each project allocated to the entire program

15 Revisions to the Proposed FY CIP ($ Millions) FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Total Proposed FY11-16 CIP $718.3 $759.1 $764.4 $763.8 $1,039.9 $983.7 $5,029.2 A) Projected Less Growth in Federal Funds (8.9) (9.3) (12.9) (13.5) (14.2) (14.9) (73.8) B) Pro forma analysis for jurisdiction constraints (85.8) (37.6) (183.8) (127.3) (386.3) C) Revisions for 7000 Series Rail Cars (230.7) (145.2) D) Revisions for 4000 Series Rail Cars 0.0 (1.3) (1.4) 0.2 (51.7) E) Revisions for Credit Facility F) Revisions for NTSB Recommendations G) Revisions for Preventive Maintenance H) Priority projects added to the January Proposed CIP J) Add Rail Rehab. Tier 1: Dupont to Grosvenor K) Add Rail Mileage-based Asset Management L) Add Cheverly Abutment M) Projects reduced or removed Proposed CIP (C to L) (131.8) (34.6) (18.2) (81.8) (8.4) 64.4 (210.5) Total Revisions (94.7) (46.9) (12.9) 34.6 (198.0) (142.2) (460.1) Revised FY11-16 CIP $623.6 $712.3 $751.6 $798.4 $841.8 $841.5 $4,569.1

16 Revisions to Sources of Funds for FY2011 Proposed Revised Budget Book Budget FY2011 FY2011 Change Federal Funds: Federal Formula Grant Funds: Section 5307 Grant $144.0 $139.9 ($4.1) Section 5309 Grant (3.1) Subtotal - Formula Grants $248.6 $241.4 ($7.1) Fd Federal lddi Dedicated tdfunds Subtotal: Federal Funds (7.1) State and Local Funds: Match to Federal Formula Grants (1.8) System Performance Funds (85.8) Match to Federal Dedicated Funds Subtotal: State and Local Funds (87.6) Grand Total $718.3 $623.6 ($94.7) Changes: Federal Formula Grants and the required match will be lower then anticipated System Performance Funds (formerly known as local additional funds) were reduced to equal anticipated contributions

17 Revisions to Sources of Funds for FY Proposed Revised Budget Book Budget FY FY Change Federal Funds: Federal Formula Grant Funds: Section 5307 Grant $971.8 $937.9 ($33.9) Section 5309 Grant (25.1) Subtotal - Formula Grants $1, $1,617.9 ($59.0) Federal Dedicated Funds Subtotal: Federal Funds 2, ,517.9 (59.0) State and Local Funds: Match to Federal Formula Grants (14.8) System Performance Funds (123.2) Match to Federal Dedicated Funds Subtotal: State and Local Funds 1, ,826.7 (137.9) Misc. CIP Funding Sources Total without Debt 4, ,390.6 (197.0) Debt Strategy (263.1) Grand Total $5,029.2 $4,569.1 ($460.1)

18 Revisions to Use of Funds for FY2011 Proposed Revised Budget Book Budget FY2011 FY2011 Change Impact Statement A Vehicles/ Vehicle Parts $224.6 $282.5 $57.9 Milestone payment for 1000 Series Rail Cars B Rail System Infrastructure Rehabilitation Delay start of Rail Rehab. on National Airport (58.6) to Stadium Armory C Maintenance Facilities Delay starts on Maintenance of Bus Garages (81.2) and Rail Yards Delay start on 8-Car Train Power upgrade D Systems and Technology (34.7) and other support software E Track and Structures Applied Project Administration to projects F Passenger Facilities Add new project for System-wide 35.0 Infrastructure Rehabilitation G Maintenance Equipment Applied Project Administration to projects H Other Facilities Delay start of Police Substations and CTF (5.7) Parking Garage I Program Management (19.7) Applied Project Administration to projects Total $718.3 $623.6 ($94.7) Defers operational improvements and state of good repair

19 Revisions to Use of Funds for FY Proposed Revised Budget Book Budget FY FY Change Impact Statement Reflects current projection to meet contract costs for 1000 Series rail car replacement. A Vehicles/ Vehicle Parts $2,156.7 $2, ($97.5) B Rail System Infrastructure Rehabilitation Applied Project Administration to projects C Maintenance Facilities Delay starts on Expansion of Bus Garages (128.7) and Maintenance of Rail Yards D Systems and Technology Delay start on 8-Car Train Power upgrade (142.2) 2) and other support software E Track and Structures Applied Project Administration to projects F Passenger Facilities Add new project for System-wide 44.5 Infrastructure Rehabilitation G Maintenance Equipment Applied Project Administration to projects Delay start of Police Substations and CTF H Other Facilities (65.5) Parking Garage I Program Management (133.9) Applied Project Administration to projects Total $5,029.2 $4,569.1 ($460.1) Defers operational improvements and state of good repair

20 Revisions to Use of Funds: Example $ in Millions Project Proposed 6 Revised Project Name Adjustments Number Year Budget Budget CIP Series Rail Car Replacement (123.2) Impact Reflects current projection to meet contract costs. Note: A detailed list of revisions are in the appendix

21 Next Capital Funding Agreement and Capital Program Federal Dedicated d Funding

22 Federal Dedicated Funds Proposed FY2011 Budget and FY CIP includes: Anticipated $300 million in federal dedicated funds Local matching funds for rail safety system projects In May, Metro will ask the Transportation Planning Board to amend the Transportation Improvement Program (TIP) to include the recommended projects that will use these funds Beginning July 1, jurisdictions will be billed quarterly for local match to g g y, j q y dedicated funds

23 Federal Dedicated Funds Calendar April 22 Metro Board Meeting April 23 Send project budgets and descriptions to FTA Administrator Apr 26-May 7 FTA review (Estimated. FTA has not provided a timeline.) May 7 COG/TPB Steering Committee May Revise and finalize grant application with FTA local officials May 7-10 Post notice of hearing and comment period May 19 TPB Meeting / Metro Public Hearing May 24 Close comment period (two weeks since posting notice) May 26 Submit grant application May 26 DDOT sends STIP amendment request to FTA May 26-June 3 FTA approval of STIP (FTA estimates quick approval.) July 1 Grant award (35 days after submission)

24 Federal Dedicated Funding Projects CIP ID Project Name FY2011 FY2012 RAIL CAR FLEET REPLACEMENT AND REHABILITATION $ $ CIP Series Rail Car Replacement $ $0.000 CIP063 Rail Rehabilitation Program CIP067 Rail Car Safety & Reliability Enhancements TRACK SAFETY IMPROVEMENTS $ $ CIP018 Track Welding Program $1.464 $2.658 CIP019 Track Floating Slab Rehabilitation CIP020 Replacement of Rail Track Signage CIP021 Track Pad/Shock Absorber Rehabilitation CIP022 Track Structural Rehabilitation CIP023 Third Rail Rehabilitation CIP024 Track Rehabilitation CIP027 Switch Machine Rehabilitation Project CIP133 Wayside Work Equipment TRACK EQUIPMENT $ $ CIP025 Track Maintenance Equipment $ $ CIP065 Geometry Vehicle CIP066 Rail Shop Repair Equipment CIP089 Track Fasteners MAJOR RAIL LINE SEGMENT OVERHAUL $ $ CIP107 Rail Rehabilitation Tier 1: Dupont to Silver Spring $ $ CIP110 Rail Rehabilitation Tier 1: National Airport to Stadium Armory CIP116 Rail Yard Facility Repairs Tier 1: Alexandria, Brentwood and New Carrollton PREVENTIVE MAINTENANCE $ $ CIP125 Rail Preventive Maintenance $ $ TRACK SIGNAL IMPROVEMENTS $1.229 $ CIP135 Train Control Signal $1.029 $ CIP136 FCC Radio Frequency Communication Changes NTSB RECOMMENDATIONS $ $ CIP139 NTSB Recommendations $ $ Total $ $

25 Debt Service and Capital Contribution Prince District of Montgomery Georges City of Arlington Fairfax Fairfax Falls Columbia County County Alexandria County City County Church Total Series 1993 and 2003 (1) $ 10.3 $ 4.9 $ 4.9 $ 1.4 $ 2.7 $ 0.0 $ 3.2 $ 0.0 $ 27.5 Series 2009A & 2009B (2) Total Debt Service $ 21.0 $ 9.8 $ 10.4 $ 1.4 $ 2.7 $ 0.0 $ 3.2 $ 0.1 $ 48.7 Percent of Total 43.2% 20.2% 2% 21.3% 2.9% 5.6% 0.1% 6.5% 0.2% 100% Revised Capital Program $ 31.0 $ 14.2 $ 15.7 $ 3.4 $ 6.2 $ 0.2 $ 11.2 $ 0.2 $ % 17.3% 19.1% 4.1% 7.6% 0.2% 13.6% 0.2% 100% Total $ 52.0 $ 24.0 $ 26.1 $ 4.8 $ 8.9 $ 0.2 $ 14.4 $ 0.3 $ Note 1: The final maturity for 1993 bonds is FY2011 and FY2015 for 2003 bonds. Note 2: The final maturity for 2009 bonds is FY2034. Note: Does not include local match to federal dedicated funding

26 Next Steps May Metro Board approval of the Next Capital Funding Agreement June Jurisdictional approval of the Next Capital Funding Agreement and Metro Board approval of the FY2011 Capital Budget and FY Capital Improvement Plan July 1 Fiscal Year 2011 begins

27 Appendix

28 Proposed Budget Book Source of Funds with Jurisdictional Contribution Annual Work Plan Year: FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Total Federal Funds: Budget Forecast Forecast Forecast Forecast Forecast FY Federal Formula Grant Funds: Section 5307 Grant $144.0 $149.8 $157.3 $165.2 $173.4 $182.1 $971.8 Section 5309 Grant Subtotal - Formula Grants $248.6 $258.5 $271.4 $285.0 $299.2 $314.2 $1,676.9 Federal Dedicated Funds Subtotal: Federal Funds $398.6 $408.5 $421.4 $435.0 $449.2 $464.2 $2,576.9 State and Local Funds: Match to Federal Formula Grants $62.1 $64.6 $67.9 $71.2 $74.8 $78.6 $419.2 Local Additional Funds Subtotal: Federal Match & Local ,064.6 District of Columbia $64.0 $64.9 $66.1 $67.4 $68.8 $70.2 $401.4 Montgomery County $29.4 $29.8 $30.3 $30.9 $31.6 $32.2 $184.2 Prince Georges County Maryland Subtotal Alexandria Arlington County City of Fairfax Fairfax County Falls Church Virginia i i Subtotal $44.0 $44.6 $ $46.3 $47.2 $48.2 $ Subtotal: Contributions $169.7 $172.2 $175.4 $178.8 $182.4 $186.1 $1,064.6 Match to Federal Dedicated Funds Subtotal: State and Local Funds $319.7 $322.2 $325.4 $328.8 $332.4 $336.1 $1,964.6 Misc. CIP Funding Sources Total without Debt $718.3 $759.1 $764.4 $763.8 $781.6 $800.3 $4,587.5 Debt Strategy Grand Total $718.3 $759.1 $764.4 $763.8 $1,039.9 $983.7 $5,029.2

29 Revised Source of Funds with Jurisdictional Contribution Annual Work Plan Year: FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Total Federal Funds: Budget Forecast Forecast Forecast Forecast Forecast FY Federal Formula Grant Funds: Section 5307 Grant $139.9 $145.5 $151.4 $158.9 $166.9 $175.2 $937.9 Section 5309 Grant Subtotal - Formula Grants $241.4 $251.1 $261.1 $274.2 $287.9 $302.3 $1,617.9 Federal Dedicated Funds Subtotal: Federal Funds $ $ $ $ $ $ $2, State and Local Funds: Match to Federal Formula Grants $60.4 $62.8 $65.3 $68.5 $72.0 $75.6 $404.5 Local Additional Funds Subtotal: Federal Match & Local District of Columbia Montgomery County Prince Georges County Maryland Subtotal Alexandria Arlington County City of Fairfax Fairfax County Falls Church Virginia Subtotal Subtotal: Contributions Match to Federal Dedicated Funds Subtotal: State and Local Funds $232.1 $282.8 $322.9 $326.1 $329.6 $333.2 $1,826.7 Misc. CIP Funding Sources Total without Debt $623.6 $712.3 $751.6 $750.3 $767.4 $785.4 $4,390.6 Debt Strategy Grand Total $623.6 $712.3 $751.6 $798.4 $841.8 $841.5 $4,569.1

30 Estimate Debt Service for Capital Program Prince District of Montgomery Georges City of Arlington Fairfax Fairfax Falls $ in millions Columbia County County Alexandria County City County Church Total Series 2014 ($48M) $1.32 $0.61 $0.67 $0.14 $0.27 $0.01 $0.48 $0.01 $3.50 Series 2015 ($74M) $2.07 $0.95 $1.05 $0.23 $0.42 $0.02 $0.75 $0.02 $5.50 Series 2016 ($56M) $1.55 $0.71 $0.78 $0.17 $0.31 $0.01 $0.56 $0.01 $4.10

31 Proposed Budget Book - Use of Funds Capital Improvement Program (CIP) Costs: FY (dollars in millions) A B C D Annual Work Plan Year: FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Total Budget Forecast Forecast Forecast Forecast Forecast FY Vehicles/ Vehicle Parts Replacement of Rail Cars $30.1 $0.0 $0.0 $90.3 $356.7 $353.7 $830.7 Replacement of Buses Rehabilitation of Rail Cars Rehabilitation of Buses Replacement of MetroAccess Vehicles Replacement of Service Vehicles Rail Car Fleet Expansion Bus Fleet Expansion Bus Enhancements Subtotal $224.6 $196.2 $194.7 $294.4 $627.3 $619.6 $2,156.7 Rail System Infrastructure Rehabilitation Rail Line Segment Rehabilitation $134.0 $129.9 $95.2 $167.8 $151.3 $52.2 $730.4 Subtotal $134.0 $129.9 $95.2 $167.8 $151.3 $52.2 $730.4 Maintenance Facilities Rehabilitation and Replacement of Bus Garages $71.5 $60.2 $119.9 $4.4 $0.0 $0.0 $256.0 Maintenance of Bus Garages Maintenance of Rail Yards Rail Maintenance Facilities Environmental Compliance Projects Maintenance Bus and Rail Facilities Expansion of Bus Garages Subtotal $125.5 $176.6 $222.0 $81.8 $51.2 $99.0 $756.2 Systems and Technology Power System Upgrades - Rail $13.5 $7.5 $3.5 $2.0 $1.5 $1.3 $29.3 Operations Support Software Business Support Software & Equipment Rail Fare Equipment Subtotal $76.5 $67.9 $64.1 $68.2 $63.4 $65.7 $405.9

32 Proposed Budget Book - Use of Funds Capital Improvement Program (CIP) Costs: FY (dollars in millions) Annual Work Plan Year: FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Total Forecast Forecast Forecast Forecast Forecast Forecast FY E F G H I Track and Structures Track Rehabilitation $54.7 $47.1 $47.3 $45.6 $47.8 $52.3 $294.8 Station/Tunnel Rehabilitation Subtotal $57.7 $50.3 $50.5 $49.0 $51.3 $55.9 $314.7 Passenger Facilities Elevator/Escalator l t Facilities $11.8 $16.2 $18.3 $19.3 $19.8 $16.3 $101.7 Maintenance of Rail Station Facilities Bicycle & Pedestrian Facilities Rail Station: Capacity/Enhancements Bus Priority Corridor Improvements Rail Station Equipment Subtotal $31.8 $34.7 $38.2 $39.3 $38.6 $32.4 $215.0 Maintenance Equipment Rail Maintenance Equipment $29.3 $53.1 $39.5 $18.6 $16.5 $19.1 $176.2 Bus Repair Equipment Business Facilities Equipment Subtotal $32.7 $56.7 $43.2 $22.4 $20.5 $23.2 $198.8 Other Facilities Business Support Facilities $9.1 $9.2 $14.1 $1.1 $1.9 $5.3 $40.7 MTPD Support Facilities Subtotal $10.8 $21.6 $31.3 $10.5 $5.7 $5.3 $85.1 Program Management and Support Program Management $21.2 $21.2 $21.2 $26.5 $26.5 $26.5 $142.9 Credit Facility Subtotal $24.7 $25.2 $25.2 $30.5 $30.5 $30.5 $166.4 Total $718.3 $759.1 $764.4 $763.8 $1,039.9 $983.7 $5,029.2

33 Revised - Use of Funds Capital Improvement Program (CIP) Costs: FY (dollars in millions) A B C D Annual Work Plan Year: FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Total Budget Forecast Forecast Forecast Forecast Forecast FY Vehicles/ Vehicle Parts Replacement of Rail Cars $67.1 $0.0 $2.1 $134.2 $377.1 $127.0 $707.5 Replacement of Buses Rehabilitation of Rail Cars Rehabilitation of Buses Replacement of MetroAccess Vehicles Replacement of Service Vehicles Rail Car Fleet Expansion Bus Fleet Expansion Bus Enhancements Subtotal $282.5 $198.5 $185.0 $324.5 $556.8 $511.9 $2,059.2 Rail System Infrastructure Rehabilitation Rail Line Segment Rehabilitation $75.4 $126.4 $130.7 $183.5 $113.9 $118.8 $748.7 Subtotal $75.4 $126.4 $130.7 $183.5 $113.9 $118.8 $748.7 Maintenance Facilities Rehabilitation and Replacement of Bus Garages $27.0 $91.9 $114.6 $24.2 $0.0 $0.0 $257.7 Maintenance of Bus Garages Maintenance of Rail Yards Rail Maintenance Facilities Environmental Compliance Projects Maintenance Bus and Rail Facilities Expansion of Bus Garages Subtotal $44.3 $166.0 $218.6 $115.1 $31.3 $52.2 $627.4 Systems and Technology Power System Upgrades - Rail $4.1 $0.0 $10.1 $8.0 $3.7 $2.1 $28.0 Operations Support Software Business Support Software & Equipment Rail Fare Equipment Subtotal $41.8 $44.0 $56.2 $54.6 $39.7 $27.5 $263.7

34 Revised - Use of Funds Capital Improvement Program (CIP) Costs: FY (Continued) (dollars in millions) Annual Work Plan Year: FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Total Budget Forecast Forecast Forecast Forecast Forecast FY E F G H I Track and Structures Track Rehabilitation $58.6 $48.4 $48.6 $47.3 $49.5 $54.0 $306.3 Station/Tunnel Rehabilitation Subtotal $61.6 $51.7 $51.9 $50.7 $53.1 $57.8 $326.8 Passenger Facilities Elevator/Escalator Facilities $11.6 $ $ $ $21.0 $16.9 $104.9 Maintenance of Rail Station Facilities Bicycle & Pedestrian Facilities Rail Station: Capacity/Enhancements Bus Priority Corridor Improvements Rail Station Equipment Subtotal $66.7 $57.8 $39.1 $31.2 $32.8 $31.8 $259.5 Maintenance Equipment Rail Maintenance Equipment $37.5 $55.6 $50.9 $28.6 $4.2 $31.4 $208.3 Bus Repair Equipment Business Facilities Equipment Subtotal $41.1 $59.3 $54.7 $32.5 $8.4 $35.6 $231.6 Other Facilities Business Support Facilities $4.3 $1.5 $1.5 $0.5 $0.4 $0.3 $8.5 MTPD Support Facilities Subtotal $5.1 $3.2 $9.8 $0.8 $0.4 $0.3 $19.6 Program Management and Support Program Management $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 Credit Facility Subtotal $5.0 $5.5 $5.5 $5.5 $5.5 $5.5 $32.5 Total $623.6 $712.3 $751.6 $798.4 $841.8 $841.5 $4,569.1

35 Revised - Use of Funds Project Details Capital Improvement Program (CIP) Costs: FY Annual Work (dollars in millions) Plan Year: FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Total Budget Forecast Forecast Forecast Forecast Forecast FY A Vehicles/ Vehicle Parts Replacement of Rail Cars CIP Series Rail Car Replacement $67.1 $0.0 $2.1 $134.2 $377.1 $127.0 $707.5 Subtotal $67.1 $0.0 $2.1 $134.2 $377.1 $127.0 $707.5 Replacement of Buses CIP006 Bus Replacement $74.1 $72.0 $56.2 $59.3 $80.9 $ $ Subtotal $74.1 $72.0 $56.2 $59.3 $80.9 $80.8 $423.3 Rehabilitation of Rail Cars CIP Series Rail Car HVAC Rehabilitation $4.2 $1.1 $0.0 $0.0 $0.0 $0.0 $5.4 CIP /3000 Series Rail Car Mid-Life Rehabilitation CIP Series Rail Car Replacement CIP067 Rail Car Safety & Reliability Enhancements CIP063 Rail Rehabilitation Program CIP125 Rail Preventive Maintenance Subtotal $71.2 $37.2 $35.1 $58.5 $36.5 $224.2 $462.7 Rehabilitation of Buses CIP005 Bus Rehabilitation Program $19.2 $30.1 $30.8 $31.7 $32.5 $33.2 $177.5 CIP008 Bus Repairables CIP137 Bus Preventive Maintenance Subtotal $47.6 $48.8 $54.3 $54.1 $58.7 $60.5 $324.0 Replacement of MetroAccess Vehicles CIP015 MetroAccess Fleet Replacement $5.1 $11.9 $14.2 $10.3 $3.6 $13.8 $58.9 Subtotal $5.1 $11.9 $14.2 $10.3 $3.6 $13.8 $58.9 Replacement of Service Vehicles CIP009 Service Vehicle Replacement $0.0 $8.6 $8.0 $7.0 $0.0 $5.7 $29.3 Subtotal $0.0 $8.6 $8.0 $7.0 $0.0 $5.7 $29.3 Rail Car Fleet Expansion CIP Series Rail Car Procurement $8.0 $0.8 $1.7 $1.1 1 $0.0 0 $0.0 0 $11.6 Subtotal $8.0 $0.8 $1.7 $1.1 $0.0 $0.0 $11.6 Bus Fleet Expansion CIP003 Bus Capacity Enhancements: Fleet Expansion $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 Subtotal $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 Bus Enhancements CIP001 Antenna Reduction/ Security Enhancements $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 CIP002 Automatic Vehicle Location Equipment Replacement CIP007 Bus Camera Installation Subtotal $9.4 $19.1 $13.5 $0.0 $0.0 $0.0 $42.0 Subtotal $282.5 $198.5 $185.0 $324.5 $556.8 $511.9 $2,059.2

36 Revised - Use of Funds Project Details Capital Improvement Program (CIP) Costs: FY Annual Work (dollars in millions) Plan Year: FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Total Budget Forecast Forecast Forecast Forecast Forecast FY B Rail System Infrastructure Rehabilitation Rail Line Segment Rehabilitation CIP108 Rail Rehabilitation Tier 1: Dupont to Grosvenor $0.0 $0.0 $0.0 $40.5 $50.0 $50.0 $140.5 CIP107 Rail Rehabilitation Tier 1: Dupont to Silver Spring CIP110 Rail Rehabilitation Tier 1: National Airport to Stadium Armory Subtotal $75.4 $126.4 $130.7 $183.5 $113.9 $118.8 $748.7 Subtotal $75.4 $126.4 $130.7 $183.5 $113.9 $118.8 $748.7 C Maintenance Facilities Rehabilitation and Replacement of Bus Garages CIP085 Royal Street Bus Garage Replacement (Cinder Bed Road) $16.4 $31.8 $48.0 $2.4 $0.0 $0.0 $98.7 CIP086 Southeastern Bus Garage Replacement (DC Village) CIP084 Southern Avenue Bus Garage Replacement Subtotal $27.0 $ $114.6 $ $0.0 0 $0.0 0 $ Maintenance of Bus Garages CIP119 Bus Garage Facility Repairs Tier 1: Western, Northern and Landover $8.3 $25.9 $51.7 $32.3 $9.6 $17.3 $145.1 Subtotal $8.3 $25.9 $51.7 $32.3 $9.6 $17.3 $145.1 Maintenance of Rail Yards CIP116 Rail Yard Facility Repairs Tier 1: Alexandria, Brentwood and New Carrollton $0.0 $33.8 $38.5 $41.9 $15.1 $26.8 $156.1 Subtotal $0.0 $33.8 $38.5 $41.9 $15.1 $26.8 $156.1 Rail Maintenance Facilities CIP071 Test Track & Commissioning Facility $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 Subtotal $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 Environmental Compliance Projects CIP010 Environmental Compliance Projects $0.6 $0.7 $0.7 $0.7 $0.8 $0.8 $4.3 CIP011 Underground Storage Tank Replacement Subtotal $2.8 $5.1 $3.2 $3.2 $1.8 $3.8 $19.8 Maintenance Bus and Rail Facilities CIP127 Support Equipment - MTPD $1.0 $1.0 $1.0 $1.0 $1.0 $1.0 $6.2 CIP126 Financial Planning, Project Administration, and System Wide Infrastructure Upgrades Subtotal $3.2 $3.2 $3.4 $4.1 $4.8 $4.3 $22.9 Expansion of Bus Garages CIP078 Bladensburg Shop Reconfiguration $3.1 $6.2 $7.2 $9.5 $0.0 $0.0 $25.9 CIP038 Bus Garage Capacity Enhancements Subtotal $3.1 $6.2 $7.2 $9.5 $0.0 $0.0 $25.9 Subtotal $44.3 $166.0 $218.6 $115.1 $31.3 $52.2 $627.4

37 Revised - Use of Funds Project Details Capital Improvement Program (CIP) Costs: FY Annual Work (dollars in millions) Plan Year: FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Total Budget Forecast Forecast Forecast Forecast Forecast FY D Systems and Technology Power System Upgrades - Rail CIP % 8-Car Train -- Power Upgrades $4.1 $0.0 $0.0 $0.0 $0.0 $0.0 $4.1 CIP076 8-Car Train Power Upgrades Subtotal $4.1 $0.0 $10.1 $8.0 $3.7 $2.1 $28.0 Operations Support Software CIP042 Bus & Rail Asset Management Software $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 CIP043 Bus Operations Support Software CIP044 Customer & Regional Integration CIP045 Data Centers and Infrastructures CIP047 Enterprise Geographic Information System CIP052 Network and Communications CIP053 Network Operations Center (NOC) CIP051 Police Dispatch and Records Management CIP140 Rail Mileage Based Asset Management CIP056 Rail Operations Support Software Subtotal $21.9 $25.7 $25.1 $25.5 $18.3 $15.7 $132.1 Business Support Software & Equipment CIP030 Currency Processing Machines $0.0 $1.4 $1.4 $0.0 $0.0 $0.0 $2.9 CIP054 Customer Electronic Communications & Outreach CIP046 Document Management System CIP049 Management Support Software CIP050 Metro IT OneStop and Office Automation CIP103 Police Portable Radio Replacement CIP048 Sensitive Data Protection Technology Subtotal $9.3 $16.3 $19.8 $19.8 $12.8 $2.7 $80.7 Rail Fare Equipment CIP091 Automatic Fare Collection Machines $0.0 $1.1 $1.0 $1.0 $4.6 $6.7 $14.5 CIP031 Debit/Credit Processing Requirements CIP092 Ethernet Wiring for Rail Fare Machines CIP032 Fare Media Encoders CIP094 Improvements to Coin Collection Machines CIP093 Maintaining NEXTFARE System CIP097 Open Bankcard and Automatic Fare Collection Systems 0.0 $0.0 $ Subtotal $6.5 $1.9 $1.3 $1.3 $4.9 $7.0 $22.9 Subtotal $41.8 $44.0 $56.2 $54.6 $39.7 $27.5 $263.7

38 Revised - Use of Funds Project Details Capital Improvement Program (CIP) Costs: FY (dollars in millions) Annual Work Plan Year: FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Total Budget Forecast Forecast Forecast Forecast Forecast FY E Track and Structures Track Rehabilitation CIP023 Third Rail Rehabilitation $0.0 $5.5 $4.2 $4.4 $4.6 $4.9 $23.6 CIP089 Track Fasteners CIP019 Track Floating Slab Rehabilitation CIP021 Track Pad/Shock Absorber Rehabilitation CIP024 Track Rehabilitation CIP022 Track Structural Rehabilitation CIP141 Cheverly Abutment CIP018 Track Welding Program Subtotal $58.6 $48.4 $48.6 $47.3 $49.5 $54.0 $306.3 Station/Tunnel Rehabilitation CIP026 Station/Tunnel Leak Mitigation $3.1 $3.3 $3.3 $3.5 $3.6 $3.8 $20.5 Subtotal $3.1 $3.3 $3.3 $3.5 $3.6 $3.8 $20.5 Subtotal $61.6 $51.7 $51.9 $50.7 $53.1 $57.8 $326.8 F Passenger Facilities Elevator/Escalator Facilities CIP072 Elevator Rehabilitation $2.4 $3.5 $2.3 $1.1 $1.7 $2.2 $13.1 CIP132 Elevator/Escalator Repairables CIP073 Escalator Rehabilitation Subtotal $11.6 $16.6 $18.8 $20.0 $21.0 $16.9 $104.9 Maintenance of Rail Station Facilities CIP132 Parking Lot Rehabilitation $43.9 $30.2 $9.3 $0.0 $0.0 $0.0 $83.4 CIP087 Station Enhancement Program Subtotal $51.6 $38.1 $17.2 $8.1 $8.2 $8.4 $131.6 Bicycle & Pedestrian Facilities CIP035 Bicycle & Pedestrian Facilities: Capacity Improvements $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 CIP036 Replacement of Bicycle Racks & Lockers Subtotal $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 Rail Station: Capacity/Enhancements CIP039 Core & System Capacity Project Development $0.5 $1.0 $1.0 $1.0 $1.6 $1.0 $6.2 CIP074 Installation of Parking Lot Credit Card Readers CIP088 Station Entrance Canopies Subtotal $0.5 $1.0 $1.0 $1.0 $1.6 $4.4 $9.6 Bus Priority Corridor Improvements CIP037 Bus Priority Corridor Network Enhancements $2.1 $2.1 $2.1 $2.1 $2.1 $2.1 $12.4 Subtotal $2.1 $2.1 $2.1 $2.1 $2.1 $2.1 $12.4 Rail Station Equipment CIP099 Police Emergency Management Equipment $0.9 $0.0 $0.0 $0.0 $0.0 $0.1 $1.0 Subtotal $0.9 $0.0 $0.0 $0.0 $0.0 $0.1 $1.0 Subtotal $66.7 $57.8 $39.1 $31.2 $32.8 $31.8 $259.5

39 Revised - Use of Funds Project Details Capital Improvement Program (CIP) Costs: FY Annual Work (dollars in millions) Plan Year: FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Total Budget Forecast Forecast Forecast Forecast Forecast FY G Maintenance Equipment Rail Maintenance Equipment CIP136 FCC Radio Frequency Communication Changes $0.2 $1.0 $10.3 $9.3 $0.0 $0.0 $20.8 CIP065 Geometry Vehicle CIP139 NTSB Recommendations CIP066 Rail Shop Repair Equipment CIP020 Replacement of Rail Track Signage CIP027 Switch Machine Rehabilitation Project CIP025 Track Maintenance Equipment CIP135 Train Control Signal CIP133 Wayside Work Equipment Subtotal $37.5 $55.6 $50.9 $28.6 $4.2 $31.4 $208.3 Bus Repair Equipment CIP004 Bus Repair Equipment $2.7 $2.9 $3.0 $3.1 $3.2 $3.4 $18.4 Subtotal $2.7 $2.9 $3.0 $3.1 $3.2 $3.4 $18.4 Business Facilities Equipment CIP028 Materials Handling Equipment $0.2 $0.1 $0.1 $0.1 $0.2 $0.2 $0.9 CIP029 Warehouse Vertical Storage Units/Shelving Subtotal $0.8 $0.8 $0.7 $0.8 $0.9 $0.8 $4.9 Subtotal $41.1 $59.3 $54.7 $32.5 $8.4 $35.6 $231.6 H Other Facilities Business Support Facilities CIP134 Carmen Turner Facility Parking Garage $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 CIP080 Jackson Graham Building Renovation CIP033 Replacement of Revenue Facility Equipment CIP034 Revenue Collection Facility (RCF) Building Expansion Subtotal $4.3 $1.5 $1.5 $0.5 $0.4 $0.3 $8.5 MTPD Support Facilities CIP101 Police Substation- New District 2 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 CIP102 Police Substation-- New District CIP100 Police Training Facility CIP106 Special Operations Division Facility Subtotal t $0.8 $1.6 $8.3 $0.3 $0.0 0 $0.0 0 $11.11 Subtotal $5.1 $3.2 $9.8 $0.8 $0.4 $0.3 $19.6 I Project Management and Support Program Management CIP130 Program Management $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 Subtotal $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 Credit Facility CIP131 Credit Facility $5.0 $5.5 $5.5 $5.5 $5.5 $5.5 $32.5 Subtotal $5.0 $5.5 $5.5 $5.5 $5.5 $5.5 $32.5 Subtotal $5.0 $5.5 $5.5 $5.5 $5.5 $5.5 $32.5 Total $623.6 $712.3 $751.6 $798.4 $841.8 $841.5 $4,569.1

40 Revisions to the Use of Funds $ in Millions Project Project Name Number Operational Improvements - Budget Deletions: CIP035 Bicycle & Pedestrian Facilities: Capacity Improvements Proposed 6 Year Budget Adjustments Revised Budget Impact 1.8 (1.8) 0.0 The cancellation of this project could result in a decrease in bicycle parking at rail stations and elimination of missing pedestrian connections to stations. CIP036 Replacement of Bicycle Racks & Lockers 2.6 (2.6) 0.0 Eliminates the replacement of structurally damaged and deteriorating bike racks and lockers. CIP038 Bus Garage Capacity Enhancements 59.3 (59.3) 0.0 This deferred schedule is consistent with the draft Bus Fleet Plan. No adverse impacts are expected by this change to the FY11-16 CIP. CIP042 Bus & Rail Asset Management Software 25.7 (25.7) 0.0 Maximo system (safety management, work order management) for Rail/Bus could become obsolete. This proposal will limit Metro's ability to manage asset replacement. CIP071 Test Track & Commissioning Facility 60.0 (60.0) 0.0 The acceptance testing of new railcar procurements, railcar engineer analysis, and enhancements to the fleet could be constrained to track rights availability. Monthly acceptance could be reduced from 16 to 8 to 12 a month without the facility. CIP093 Maintaining NEXTFARE System 5.4 (5.4) 0.0 This eliminates future fare collection software upgrades. CIP097 Open Bankcard and Automatic Fare Collection Systems 15.5 (15.5) 0.0 This project is delayed beyond the current 6-year plan. Custmers will continue to use SmarTrip cards. CIP101 Police Substation - New District (12.1) 0.0 The current District 2 Police Substation is a 7,000 sq. ft. private residence that has been converted to a police station. The police, over an 100 officers, will continue to operate out of this overcrowded facility. CIP102 Police Substation - New District (12.5) 0.0 Metro is researching the option of renting space in the Dulles corridor. CIP106 Special Operations Division Facility 9.0 (9.0) 0.0 The Special Operations Division of 67 memebers will continue to operate out of the trailer constructed for the 14 member K-9 unit. CIP134 Carmen Turner Facility Parking Garage 25.9 (25.9) 0.00 Rather than constructing a garage, Metro will pursue a surface lot. Total Operation Improvements Budget Deletions (229.8) 0.0

41 Revisions to the Use of Funds (cont.) $ in Millions Project Proposed 6 Revised Project Name Adjustments Number Year Budget Budget Impact State of Good Repair - Budget Reductions: CIP006 Bus Replacement (59.2) Fewer buses (around 100) will be replaced resulting in a rising average fleet age above 7.5 years. Fleet reliability will be reduced as buses are kept in service longer. CIP009 Service Vehicle Replacement 34.4 (5.1) 29.3 Vehicles will be kept in service longer resulting in higher operating costs. CIP015 MetroAccess Fleet Replacement 63.5 (4.7) 58.9 Fleet reliability will be reduced as vehicles are kept in service longer. The replacement of vehicles will be included in the operating contract, increase the cost of the contract. CIP027 Switch Machine Rehabilitation Project 6.0 (0.9) 5.1 In FY2015, those switches that are used less frequently will not be replaced. CIP037 Bus Priority Corridor Network Enhancements 16.9 (4.5) 12.4 There will be fewer priority corridors implemented, reduced customer information projects, and reduced bus stop and station enhancements. CIP045 Data Centers and Infrastructures 35.9 (29.1) 6.9 In FY2015 and FY2016, Metro-wide Continuity of Operations (COOP)/Disaster Recovery Plan will not be built and deployed. Lack of backup data center exposes Metro s Rail operations to a critical loss of rail control system data. Without a backup Storage Area Network (SAN), Metro would be unable to provide data repositories for mission-critical applications. CIP046 Document Management System 15.3 (14.8) 0.5 There will be no electronic deployment of Rail safety and engineering drawing documents. CIP048 Sensitive Data Protection Technology 24.5 (5.8) 18.7 In FY2015 and FY2016, a reduction in funding could expose Metro to fines for PCI violations (Payment Card Industry fines, at $5K per ride credit card violation). As Metro s enterprise security systems are not fully deployed, at 90 Metro locations. CIP049 Management Support Software 38.5 (9.9) 28.6 In FY2016, could minimize the ability to remediate or upgrade PeopleSoft Human Resources, Finance, and Procurement functions (of 27 deployed PeopleSoft functions, 3 have been remediated to date). CIP050 Metro IT OneStop and Office Automation 29.3 (10.2) 19.1 Minimizes improvements to remote support systems and office automation initiatives.

42 Revisions to the Use of Funds (cont.) $ in Millions Project Number Project Name Proposed 6 Year Budget Adjustments State of Good Repair - Budget Reductions: CIP052 Network and Communications 29.7 (9.9) 19.8 In FY2015 and FY2016, the development of a robust network is slowed down, impacting rail and bus data reliability. CIP053 Network Operations Center (NOC) 20.9 (7.8) 13.1 Could delay recovery of critical Rail and Bus operations if they go down. CIP054 Customer Electronic Communications & Outreach 12.0 (3.8) 8.2 In FY2015 and FY2016, could reduce Metro's ability to communicate with its customers. CIP056 Rail Operations Support Software 35.4 (8.2) 27.2 Reduces scheduled upgrades. CIP Series Rail Car Replacement (123.2) Reflects current projection to meet contract costs. CIP066 Rail Shop Repair Equipment 24.6 (1.3) FY2011, slight reduction in project costs. CIP076 8-Car Train Power Upgrade 25.3 (1.4) 23.9 Delays upgrades to enable 8-Car Trains throughout the rail system. CIP078 Bladensburg Shop Reconfiguration 39.1 (13.2) 25.9 Reduces funding available to reconfigure the Bladensburg facility. Goal of the project is to increase the bus maintenance capacity once the Bus II project is completed. The project will upgrade electrical distribution and lighting, add additional bus lifts, rehabilitate the bus maintenance office, shop and nonrevenue shop. CIP080 Building Power Upgrade 10.0 (6.4) 3.6 Planned power upgrades at Metro facilities (Carmen Turner Facility and Stonestraw facility) will not be completed. CIP086 Southeastern Bus Garage Replacement 50.0 (4.3) 45.7 Project costs are anticipated to be lower than originally anticipated. CIP126 Financial Planning, Project Administration, and 24.6 (7.9) 16.7 Eliminates the authorities ability to respond to financial and System Wide Infrastructure Upgrades system wide emergencies. CIP136 FCC Radio Frequency Communication Changes 21.0 (0.2) 20.8 Slight reduction in project costs and could delay FCC required changes. CIP137 Bus Preventive Maintenance 92.2 (17.1) 75.1 Technical adjustment: reallocation of preventive maintenance between bus and rail. Total SOGR Budget Reductions 1,962.3 (348.7) 1,613.6 Revised Budget Impact

43 Revisions to the Use of Funds (cont.) $ in Millions Project Number Project Name Proposed 6 Year Budget Adjustments State of Good Repair - Budget Deletions: CIP001 Antenna Reduction/ Security Enhancements 4.0 (4.0) 0.0 The fleet will continue to have multiple antennas and lack the necessary security upgrades to prevent possible wireless intrusions. CIP003 Bus Capacity Enhancements: Fleet Expansion 16.9 (16.9) 0.0 The fleet will not expand to meet anticipated ridership growth. The result is buses kept in service longer to meet demand or overcrowding on bus routes, and fewer planned priority corridors. CIP088 Station Entrance Canopies 34.9 (34.9) 0.0 Eliminates the installation of the remaining canopies over exposed station entrance. CIP130 Program Management (142.9) 0.00 Adjustments t reflect project cost reductions in the 6-year CIP program and reallocation to projects. Total SOGR Budget Deletions (198.8) 0.0 State of Good Repair - Budget Increases: CIP002 Automatic Vehicle Location Equipment Replacement Project administration added to project and delays AVL replacement within the six year plan. CIP004 Bus Repair Equipment Project administration added to project CIP005 Bus Rehabilitation Program Project administration added to project CIP007 Bus Camera Installation Project administration added to project and delays bus camera installation within the six year plan. CIP008 Bus Repairables Project administration added to project CIP010 Environmental Compliance Projects Project administration added to project CIP011 Underground Storage Tank Replacement Project administration added to project CIP018 Track Welding Program Project administration added to project CIP019 Track Floating Slab Rehabilitation Project administration added to project CIP020 Replacement of Rail Track Signage Project administration added to project CIP021 Track Pad/Shock Absorber Rehabilitation Project administration added to project CIP022 Track Structural Rehabilitation Project administration added to project CIP023 Third Rail Rehabilitation Project administration added to project Revised Budget Impact

44 Revisions to the Use of Funds (cont.) $ in Millions Project Number Project Name Proposed 6 Year Budget Adjustments Revised Budget State of Good Repair - Budget Increases: CIP024 Track Rehabilitation Project administration added to project CIP025 Track Maintenance Equipment Project administration added to project and delays the purchase of some equipment within the six year plan. CIP026 Station/Tunnel Leak Mitigation Project administration added to project CIP028 Materials Handling Equipment Project administration added to project CIP029 Warehouse Vertical Storage Units/Shelving Project administration added to project CIP030 Currency Processing Machines Project administration added to project and delays the purchase of currency processing machines within the six year plan. CIP031 Debit/Credit Processing Requirements Project administration added to project CIP032 Fare Media Encoders Project administration added to project CIP033 Replacement of Revenue Facility Equipment Project administration added to project CIP034 Revenue Collection Facility (RCF) Building Project administration added to project Expansion CIP039 Core & System Capacity Project Development Project administration added to project and delays the project within the six year plan. CIP043 Bus Operations Support Software Project administration added to project and delays the implementation of bus operation support software within the six year plan. CIP044 Customer & Regional Integration Project administration added to project CIP047 Enterprise Geographic Information System Project administration added to project and delays implementation of GIS within the six year plan. CIP051 Police Dispatch and Records Management Project administration added to project CIP /3000 Series Rail Car Mid-Life Project administration added to project Rehabilitation CIP Series Rail Car Mid-Life Rehabilitation The project costs reflect replacement, rather than rehabilitation of the 4000 series cars. CIP Series Rail Car Procurement Project administration added to project CIP063 Rail Rehabilitation Program Project administration added to project CIP Series Rail Car HVAC Rehabilitation Project administration added to project CIP065 Geometry Vehicle Project administration added to project CIP067 Rail Car Safety & Reliability Enhancements Project administration added to project CIP072 Elevator Rehabilitation Project administration added to project Impact