Table 1C - Summary of FY2003 New Starts Ratings
|
Phase and City (Project) |
Financial Rating |
Finance Rating Criteria |
||
|---|---|---|---|---|
|
Section 5309 |
Capital Finance |
Operating Finance |
||
|
Final Design |
||||
|
Alaska Marine Highway System |
Exempt |
Exempt |
Exempt |
|
|
Alaska Railroad (South Anchorage Double Track) |
Exempt |
22% |
Exempt |
Exempt |
|
Alaska Railroad (Knik River to Wasilla Track Improvements) |
Exempt |
80% |
Exempt |
Exempt |
|
Galveston, TX (Rail Trolley Extension)*** |
Exempt |
80% |
Exempt |
Exempt |
|
Little Rock (River Rail Project) * |
Exempt |
57% |
Exempt |
Exempt |
|
Los Angeles-San Diego (LOSSAN Rail Corridor Improvements)* |
Exempt |
68% |
Exempt |
Exempt |
|
Nashville (East Corridor Commuter Rail) * |
Exempt |
69% |
Exempt |
Exempt |
|
Pawtucket, RI (Commuter Rail Improvement Program) |
Exempt |
54% |
Exempt |
Exempt |
|
Salt Lake City (Medical Center Extension LRT) |
Medium-High |
60% |
Medium-High |
Medium |
|
San Francisco (Third Street Light Rail, Phase I) |
Exempt |
0% |
Exempt |
Exempt |
|
Seattle (Central Link Initial Segment) |
Medium |
22% |
Medium |
Medium |
|
Preliminary Engineering |
||||
|
Austin (Rapid Transit Project MOS)** |
Not Rated |
50% |
Not Rated |
Not Rated |
|
Bridgeport, CT (Intermodal Transportation Center) |
Exempt |
40% |
Exempt |
Exempt |
|
Charlotte (South Corridor LRT) |
Medium-High |
50% |
Medium-High |
Medium-High |
|
Chicago (Ravenswood Line Expansion) |
Medium |
52% |
Medium |
High |
|
Cincinnati (Interstate 71 Corridor LRT) |
Low-Medium |
50% |
Low-Medium |
Medium |
|
Cleveland (Euclid Corridor Transportation Project) |
Medium-High |
59% |
Medium-High |
Medium |
|
Columbus (North Corridor LRT) |
Medium |
50% |
Medium |
Medium |
|
Dallas (Northwest/Southeast Light Rail MOS) |
Medium |
40% |
Medium-High |
Medium |
|
Denver (West Corridor LRT) |
Medium-High |
59% |
Medium-High |
Medium |
|
Fort Collins, CO (Mason Street Transportation Corridor) |
Medium |
79% |
Medium |
Medium |
|
Hartford (New Britain-Hartford Busway) |
Medium |
50% |
Medium |
Medium-High |
|
Honolulu (Primary Transportation Corridor Project) |
Medium |
34% |
Medium |
Medium-High |
|
Kansas City, Johnson County (I-35 Commuter Rail) * |
Exempt |
80% |
Exempt |
Exempt |
|
Las Vegas (Resort Corridor Fixed Guideway) |
Medium |
30% |
Medium |
Medium-High |
|
Los Angeles (Eastside Corridor LRT) |
Medium |
60% |
Medium-High |
Medium |
|
Los Angeles (Mid-City/Exposition LRT) |
Medium |
47% |
Medium |
Medium |
|
Los Angeles (San Fernando Valley East-West Transit Corridor) |
Medium-High |
0% |
High |
Medium |
|
Louisville (South Central Corridor LRT) |
Medium |
57% |
Medium |
Medium |
|
Lowell, MA-Nashua, NH (Lowell-Nashua Commuter Rail Extension)* |
Exempt |
44% |
Exempt |
Exempt |
|
Maryland (MARC Commuter Rail Improvements)** |
Exempt |
42% |
Exempt |
Exempt |
|
Miami (North 27th Avenue) |
Low |
70% |
Low |
Low-Medium |
|
Minneapolis (Northstar Corridor Commuter Rail) |
Medium |
50% |
Medium |
Medium |
|
New Orleans (Desire Corridor Streetcar) |
Medium |
60% |
Medium |
Medium |
|
New York (Long Island Rail Road East Side Access) |
Medium |
50% |
Medium |
Medium-High |
|
New York (Second Avenue Subway) |
Medium |
50% |
Medium |
Medium-High |
|
Orange County (Centerline LRT Project) |
Medium-High |
50% |
Medium-High |
Medium |
|
Philadelphia (Schuylkill Valley MetroRail) |
Medium |
80% |
Medium |
Medium |
|
Phoenix (Central Phoenix/East Valley Corridor)** |
Medium-High |
50% |
Medium-High |
Medium |
|
Pittsburgh (North Shore Connector LRT) |
Medium |
70% |
Medium |
Medium |
|
Raleigh (Phase I Regional Rail Project) |
Medium |
50% |
Medium |
Medium |
|
San Diego (Mid Coast Corridor) |
Medium-High |
50% |
Medium-High |
Medium-High |
|
San Juan (Tren Urbano Minillas Extension) |
Low-Medium |
80% |
Low-Medium |
Not Rated |
|
Seattle (Everett-to-Seattle Commuter Rail)* |
Exempt |
24% |
Exempt |
Exempt |
|
Seattle (Link Extension and North Link)** |
Not Rated |
N/A |
Not Rated |
Not Rated |
|
Seattle-Tacoma (Lakewood-to-Tacoma Commuter Rail)* |
Exempt |
29% |
Exempt |
Exempt |
|
Stamford (Urban Transitway and Intermodal Transportation Center) |
Exempt |
75% |
Exempt |
Exempt |
|
Tampa (Tampa Bay Regional Rail System) |
Low-Medium |
50% |
Low-Medium |
Medium |
|
Washington County (Wilsonville-Beaverton Commuter Rail)* |
Exempt |
30% |
Exempt |
Exempt |
|
Washington, DC (Dulles Corridor Bus Rapid Transit) |
Medium |
60% |
Medium |
Medium |
* This project has not been rated; under §5309(e)(8)(A), proposed new starts projects requiring less than $25.00 million in §5309 new starts funding are exempt from the project evaluation and rating process required by §5309(e).
** "Not Rated" indicates that sufficient information for a complete evaluation of this project was not available for this Report; for information on a specific project, see Appendix A.
*** The Galveston Trolley plans to use funding from toll revenue credits to bring the local share to 20 percent.
"N/A" = Not Available
