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E X E C U T I V E S U M M A R Y <br />The South Shore Baseline and Market Expansion programs <br />are designed to meet future requirements of "State of Good <br />Repair" and allow for significant growth of new ridership. These <br />investments will attract new riders by implementing structural <br />changes in assets that currently restrict improvements in travel <br />times and frequency of trains. These factors are major market <br />drivers for attracting new riders. <br />Some agreement for allocating the South Shore Baseline <br />and Market Expansion program costs between state and <br />local sources must be reached in order to have a precise <br />plan allocating funding responsibilities for these investment <br />programs. <br />SOURCES: OPERATING <br />A common problem for transit systems nationwide is the <br />decreasing amount of funds available for annual operating <br />assistance as revenues fail to grow as rapidly as expenses. For <br />NICTD, this fact is reflected in 20 -year cash flow projections <br />that show the railroad slipping into an unfunded operating <br />FIGURE 9 <br />Capital Cost Summary <br />SOUTH SHORE LINE <br />BASELINE <br />Positive <br />Train Control <br />$43 million <br />Nets <br />Orders <br />$250 million <br />Double <br />Tracking <br />B million <br />Capital <br />Improvements <br />on Metra Facilities <br />$30 million <br />deficit in 2019 even without considering the service and <br />ridership improvement projects described in this Plan. The <br />precise timing of this deficit could change in either direction <br />depending on the interaction of NICTD operating expenses and <br />tax collections at the state level. Although subject to change, <br />NICTD expects to continue receiving operating support from <br />the State of Indiana. In recent years annual support has ranged <br />from $12 to $14 million. One option could be to consider <br />supplementing state funds with revenue from the four counties <br />in NICTD's service area. <br />SCHEDULE <br />The schedule for implementing the proposed improvements is <br />aggressive but spreads the costs over time, as shown in Figure <br />10. The majority of projects are scheduled for completion by <br />2022, with a second round of new car orders in 2030 -2031. <br />MARKET EXPANSION <br />South Bend <br />Realignment <br />$15 million <br />9 <br />Gary Station Improvements <br />(Alternative 1) <br />$38 million <br />(Alternative 2) <br />million <br />Market <br />Expansion <br />$169M <br />ALL CAPITAL COSTS <br />*Year of expenditure dollars in millions, exclusive of debt financing costs <br />Michigan City <br />Realignment/Station <br />$109 million <br />Portage/ <br />Ogden Dunes <br />Ni -Level Platform <br />$7 million <br />URS I BAUERLATOZA • BRONNER GROUP • CAMBRIDGE SYSTEMATICS • GWG • POLICY ANALYTICS • RSG • UIC I page 19 <br />