1. State Rail Service Improvement Fund (SRSIF)
2016 SCORT ANNUAL MEETING
October 3 – 6, 2016
Chicago, Illinois
State Rail Service Improvement Fund
(SRSIF)
John Maddox, CPM
Freight and Rail Program Manager
Kansas Department of Transportation

2. Program History
K.S.A – Establishment of the rail service assistance program (1991)
K.S.A – Rail service assistance program requirements and restrictions K.S.A – Rail service assistance program loan requirement and guidelines
K.S.A – Rail service assistance program rules and regulations
K.A.R through – Rail service assistance program guidelines

3. Program History Local Rail Freight Assistance (LRFA) program
Kansas Comprehensive Transportation Program (CTP)
Signed into law by Governor Bill Graves in May 1999
Kansas Secretary of Transportation – E. Dean Carlson
Established state funded program for rail rehabilitation and infrastructure improvement projects
Funded at $3 million annually for 10 years
T-WORKS (Transportation Works for Kansas)
Signed into law by Governor Mark Parkinson in May 2010
Secretary of Transportation – Deb Miller
Funded at $5 million annually (no sunset)

4. SRSIF Program Structure
Loan-Grant-Match program
Qualified Entities: Railroads operating in Kansas; local units of government, shippers or port authorities in coordination with serving railroad
Project Types: major rehabilitation, capacity improvement, economic development

5. SRSIF Program Structure
Of total project cost:
Loan = 40% (2% interest, 10-year payback period)
Reimbursable Grant = 30%
Applicant Match = 30%
5% retainage on all invoices paid until project is audited upon completion
Promissory Note and Uniform Commercial Code (UCC) Financing Statement filed with Kansas Secretary of State

6. SRSIF Program Structure
Annual Call for Applications
Cost-Benefit Analysis (CBA)
Cost-Benefit Ratio (CBR) = 1.0 > (statutory)
Project rankings based on CBR
Project agreement
Notice to Proceed
Minimum of four site visits (preconstruction, materials, construction, post-construction)
Notice of Acceptance

7. Program Results – By the Numbers
63: Rehabilitation, construction and capacity improvement projects
10: Shortline railroads have used program
2: Transload facility projects
1: On short line
1: On Class I
2: Local units of government have used program
2: Shippers have used program
1: Port authority has used program
1: Class 1 project
4: KDOT match participation – TIGER Grants (II, III, VI & VII)

8. Program Results – By the Numbers
620,000: Crossties installed
405,500: Tons of ballast installed
6,500: Tons of rail installed
$99,800,000: Total project cost
$53,000,000: Project grants
$23,500,000: Project loans
$23,300,000: Applicant match

9. Thank You! Questions
John W. Maddox, CPM