FY2015 Capital Budget Amendment Overview

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• FY2015 Capital Budget Amendment Overview
• Wednesday, February 11, 2015

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Proposed Capital Budget Amendment

• Chapter 451 of the Texas Transportation Code
  permits the Board of Directors to amend the
  budget after public notice and a hearing.
• The table below provides a summary of the
  proposed capital budget amendment, followed by
  additional background information in subsequent
  slides.

Description Proposed Amount Funding Source
Rail cars 4,000,000 TxDOT grant
Downtown station Improvements 507,000 TxDOT grant
Project carryover funds from FY2014 1,839,904 Fund balance
Total proposed amendment 6,346,904
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TxDOT Rail Projects

• On June, 26, 2014, TxDOT approved the award of
  50 million to Capital Metro for
• Purchase of new rail cars for MetroRail service
• Construction of a permanent and larger rail
  station in downtown Austin
• In January 2015, these funds paid to Capital
  Metro
• Proposed budget amendment includes funding for
  FY2015 estimated project spending
• Rail cars 4,000,000
• Downtown station improvements 507,000
• Staff also recommends updating Five-Year Capital
  Plan to reflect estimated project spending in
  outer years
• Rail Cars Downtown Station
• FY2016 20,580,000 2,400,000
• FY2017 3,220,000 13,300,000
• FY2018 -0- 5,793,000

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Carryover Funds

• Under current practice, project managers forecast
  expenses for capital projects each fiscal year.
• At the close of each fiscal year, forecasted
  expenses are reconciled to actual expenses.
• This reconciliation resulted in 1.8 million of
  carryover funds from FY2014 to FY2015.
• Continuation of 40 capital projects previously
  approved
• The 1.8 million will be funded from fund balance.

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Capital Budget Amendment Details
Project Type FY2015 Original Budget Proposed Budget Amendment FY2015 Amended Budget
Bus Benches Facilities 100,000 2,262 102,262
Bus Shelters Facilities 125,000 46,027 171,027
Bus Stop Accessibility Improvements Facilities 1,855,550 1,124,440 2,979,990
Bus Stop Litter Containers Facilities 100,000 3,594 103,594
Bus Stop Signage Facilities 791,769 (98,728) 693,041
Digital Clocks for Techridge Park Ride Facilities - 35,000 35,000
Fitness Equipment Facilities 13,747 (1,074) 12,673
Fuel System Upgrade Facilities 35,000 (2,598) 32,402
Headquarters Facility - Shop Lighting Facilities 133,956 (45,578) 88,378
MetroBike Shelters Facilities - 55,000 55,000
MetroBike Shelters Facilities - 150,000 150,000
North Lamar Transit Center Facility Enhancements Facilities - 250,000 250,000
Oakhill Park and Ride Replacement Facilities - 140,329 140,329
Rail Maintenance Building Drainage Facilities - 45,000 45,000
Rail Maintenance Building Ventilation System Facilities - 45,000 45,000
Video Development Equipment Facilities 45,000 (31,159) 13,841
Financial System IT 2,313,489 726,737 3,040,226
Intelligent Transportation Systems (ITS) Project IT 7,656,938 (685,362) 6,971,576
Interactive Voice Response (IVR) System Replacement IT 699,066 (259,511) 439,556
IT Infrastructure Equipment IT 300,000 16,141 316,141
Network Upgrades IT 350,000 5,111 355,111
OrbCAD Test System IT 75,000 16,479 91,479
Productivity Software IT 214,199 143,544 357,743
Risk Management System IT - 46,850 46,850
ServiceNow System IT - 44,952 44,952
MetroRapid Dedicated Transit Lane MetroRapid - 50,000 50,000
MetroRapid Project MetroRapid 11,566,018 (1,935,497) 9,630,521
Crossings Improvements Reimbursed by TxDOT Rail 105,757 480,000 585,757
East End Rail Track Rehabilitation - 90 LB Rail 639,994 (5,668) 634,326
Positive Train Control Rail 2,095,226 (19,707) 2,075,519
Private Crossing Signalization at MP 69.04 Rail 200,000 (100,000) 100,000
Railroad Bridge Repair/Upgrade Rail 383,021 43,740 426,761
Saltillo Track Relocation Rail 4,217,707 878,291 5,095,998
Tiger Grant Project Rail 3,262,443 59,960 3,322,403
Rail Cars Funded by TxDOT Rail 200,000 4,000,000 4,200,000
Downtown Station Improvements Funded by TxDOT Rail - 507,000 507,000
Diesel Multiple Unit (DMU) Security Cameras Upgrade Security 163,620 (16,184) 147,436
Security Camera Software Replacement Security - 16,293 16,293
High-Rail Vehicles Vehicles - 13,710 13,710
ITS equipment and Dynamic Message Signs Vehicle Spare Parts Vehicles 100,000 150,000 250,000
Paratransit Vehicle Replacement Vehicles 375,000 (44,764) 330,236
Radio Communication System Replacement Vehicles 650,000 497,276 1,147,276
Total 38,767,500 6,346,904 45,114,404
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Budget Amendment Calendar

• Feb 1 Public hearing notice published
• Feb 11 Finance Audit Committee review
• Feb 11 Public hearing at noon
• Feb 23 Board of Directors consideration

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Questions