1. Regional Railroad Authority (WCRRA)
2018 Budget
September 12, 2017
Donald J. Theisen, P.E.
Director

2. Progress !
Met Council has officially taken over delivery of the GOLD Line
Red Rock Corridor increase in bus service to Newport Transit Station
New service to Minneapolis
Rush Line Alternative Analysis complete – line ends in Ramsey County
Transit Needs Study will be complete in 2017

3. Changes in Transit and Transportation Funding
Counties Transit Improvement Board (CTIB) dissolved
County received in Guaranteed Funds and negotiated dissolution funds - $13.8M
Beginning October 1, 2017, Transportation Sales Tax revenue will go to Washington County
Estimated at $7.5M per year

4. Principles for Using Revenue
Utilize most restrictive funding sources first
Interest earned should stay with the original fund (CTIB guarantee, CTIB cash distribution or County sales tax revenue).
Cash flow Gold Line so no bonding needed until Federal Full Funding Grant Agreement received
To manage financial risk to County:
Minimize commitments to other efforts until Gold Line Project Development is complete
Actual experience with 993 revenue known

5. 2018 Challenges GOLD Line Project Development Transit Needs Study
Community engagement
Financial and legal oversight
Engineering issues
Transit Needs Study
Developing options/recommendations into actions

6. WCRRA 2018 Revenue $821,300 WCRRA Levy $776.8K
No levy increase from 2017
Transportation Sales Tax $39K
Licenses & Permits $5.5K

7. WCRRA 2018 Expense $821,300

8. WCRRA 2018 Services and Charges
Dues and Memberships - $187.3K
$23.6K reduction from 2017
Gateway Corridor $130K – flat from 2017
Red Rock Corridor $33.5K – $16.5K reduction
Rush Line - $0 - $10K reduction
Consulting - $58.9K
$45K Federal Government Relations
$13.9K Grant Regional Solicitation
Transit Station Operations - $90K

9. 2018 Budget No additional staffing
Continues work on County Board priorities