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Capital Funding $615 Million Capital Funding Distribution
 
  1. Capital costs will be re-assessed during the design phase of project development.
  2. State money is in place for the project
  • State will pay for the operations and maintenance costs for the first seven years the system is in service
  • Local government will pay operating subsidy year eight and beyond
  • No local track acquisition cost for seven years
  • Operations and maintenance costs for the system are being evaluated
  • Typically, operations and maintenance costs are paid as shown in the pie chart at right »
Typical O&M Funding Sources
 
 

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