1. 36 Commuting Solutions Update on the RTD Strategic Budget and Financial Plan
Heather Copp – CFO and AGM of Finance and Administration
Regional Transportation District
October 11, 2016

2. What is the Strategic Budget and Financial Plan?
Strategic Budget Plan(SBP)
6 year plan for the Base System
Base System is funded with .6% sales tax
Non-FasTracks
Financial Plan
Currently goes out to 2040
Length of DRCOG RTP
Contains both Base and FasTracks funding, projects, maintenance, and operations

3. Strategic Budget Strategic Budget Plan(SBP)
6 year plan for the Base System ( )
Revenues
.6% sales and use
Farebox
Grants
Expenditures
Operating
Capital
Debt Service
Reserves

4. Financial Plan Financial Plan (2017 – 2040)
Includes both Base System and FasTracks
Revenue
.6% for Base
.4% for FasTracks
Farebox
Grants
Expenditures
Operating
Capital
Debt Service
Reserves

5. Financial Plan Overview
Revenue Changes from 2015
Annual revenues decreased each year through 2025
Total revenues below 2015 forecast until 2034
Total revenues above 2015 forecast from
Debt Service Coverage is Tight
Will look for refunding opportunities
No additional debt in near term
Base System
FasTracks

6. Financial Plan Overview
FISA Needed to Cover FasTracks O&M
Drawdowns begin in 2021
Balance utilized in 2024
Base Revenues Needed to Cover FasTracks O&M
Drawdowns begin in 2024
Final drawdown in 2030
Total drawdown of $130.8M

7. Financial Plan Overview
Fund Balances Accumulate in Later Years
Base System balances start in 2030
FasTracks balances start in 2031
Beginning in 2031, unrestricted fund balances in excess of $5 million are transferred to the FISA
With the exception of 2038 and 2039, the FISA increases each year between 2031 and 2040
Funds will be used in FasTracks/ FISA to fund remaining 4 corridors

8. RTD Cash Flow through 2040 as of 2016 APE

9. Net Revenue Coverage Ratio

10. Status of Projects FasTracks Completed West Corridor
Denver Union Station
Free Metro Ride
US 36 Bus Rapid Transit
University of Colorado A Line
B Line - DUS to Westminster

11. Status of Projects FasTracks In Process
G Line - DUS to Ward Road – Fall 2016
I 225 – Winter 2016
North Metro, DUS to 124th – 2018
Southeast Corridor Extension

12. Status of Projects FasTracks Still to be Funded
Central Business Corridor Extension
North Metro from 124th to SH 7
Northwest Rail, Westminster to Longmont
Southwest Corridor Extension

13. Status of Projects SBP (Base System) SH 119 BRT
Environmental and Basic Engineering programmed
$3.5 million
Construction Placeholder
2022
$60 million
1/2 million assumed grants
1/2 million assumed local

14. Questions?