Table 1c

Table 1-C
Summary of FY 2001 New Starts Ratings

Finance Rating Criteria

Phase and City (Project) Financial Rating

Section 5309 Funds as Share of Capital Costs

Capital Finance Rating

Operating Finance Rating

Final Design

Dallas-Ft. Worth (Trinity Railway Express- Phase II)

Medium

39%

Medium

Medium

Ft. Lauderdale (Tri-Rail Commuter Upgrade)

Medium

34%

Medium

Medium

Little Rock (River Rail Project) *

N/A

65%

N/A

N/A

Los Angeles-San Diego (LOSSAN Rail Corridor Imp. Project)*

N/A

68%

N/A

N/A

New Orleans (Canal Streetcar Spine)

Low

80%

Low

Low

Newark (Newark Rail Link, MOS-1)

Medium-High

68%

Medium-High

Medium-High

Northern New Jersey (Hudson-Bergen MOS-2)

Medium

65%

Medium

Medium

Pittsburgh (Stage II LRT Priority Program)

Medium-High

26%

Medium-High

Medium-High

San Diego (Mission Valley East LRT Extension)

Medium-High

77%

High

Medium-High

Preliminary Engineering

Austin (Austin Area LRT System)

Medium-High

50%

Medium-High

Medium

Baltimore (Central Corridor Light Rail Double Tracking)

Medium-High

78%

High

Medium-High

Boston (South Boston Piers Transitway Phase II)

Low

80%

Low

Low-Medium

Chicago (Douglas Branch Reconstruction)

Medium-High

71%

Medium-High

Medium

Chicago (CTA Ravenswood Line Expansion)

Medium-High

75%

Medium-High

Medium

Chicago (Metra Central Kane Corridor)

Medium-High

58%

Medium-High

High

Chicago (Metra North Central Corridor)

Medium-High

62%

Medium-High

High

Chicago (Metra South West Corridor Commuter Rail)

Medium-High

63%

Medium-High

High

Cincinnati (I-71 Corridor)

Low-Medium

49%

Low-Medium

Low

Cleveland (Euclid Corridor Improvement Project)

Medium-High

61%

Medium-High

Medium High

Denver (Southeast Corridor LRT)

Medium-High

60%

Medium-High

Medium-High

Hartford (New Britain-Hartford Busway)

Medium

65%

Medium

Medium

Houston (Downtown to Astrodome Corridor Light Rail)

Medium-High

22%

Medium-High

Medium-High

Kansas City, Johnson County (I-35 Commuter Rail) *

N/A

80%

N/A

N/A

Las Vegas (Resort Corridor Fixed Guideway MOS)

Medium

27%

Medium

Medium

Maryland (MARC Commuter Rail Improvements Projects)

N/A

48%

N/A

N/A

Memphis (Medical Center Extension)

Medium

80%

Medium-High

Medium

Miami (East-West Multimodal Corridor)

Low

40%

Low

Low

Miami (North Corridor)

Low

70%

Low

Low

Miami (South Miami-Dade Busway Extension)

Medium

70%

Medium

Medium

Minneapolis (Hiawatha Corridor LRT)

Medium-High

50%

Medium-High

Medium

Nashville (East Commuter Rail Project) *

N/A

70%

N/A

N/A

New York (Long Island Rail Road East Side Access Project)

Medium

50%

Medium

Medium-High

Norfolk (Norfolk - Virginia Beach Corridor LRT)

Low

55%

Low

Low

Orange County (The Centerline Orange County Rail Corridor)

Medium-High

50%

Medium-High

Medium-High

Phoenix (East Valley Light Rail Transit)

Low-Medium

50%

Low-Medium

Low

Portland (Interstate MAX LRT Extension)

High

73%

High

High

Raleigh (Phase I Triangle Regional Rail Project)

Low-Medium

39%

Low-Medium

Low-Medium

Salt Lake City (CBD to University LRT)

Medium

80%

Medium-High

Medium

San Diego (Mid Coast Corridor Project)

Medium-High

39%

Medium-High

Medium-High

San Diego (Oceanside Escondido Rail Project)

Medium-High

60%

Medium-High

Medium-High

San Francisco (Third Street Light Rail Project Phase 1)

Medium-High

0%

Medium-High

Medium

San Juan (Tren Urbano, Minillas Ext)

Medium

80%

Medium

Medium-High

Seattle (Central Link LRT MOS)

Medium-High

33%

High

Medium

Seattle (Everett to Seattle Commuter Rail)*

N/A

24%

N/A

N/A

Seattle (Lakewood-to-Tacoma- Commuter Rail)*

N/A

29%

N/A

N/A

Tampa (Tampa Bay Regional Rail)

Low Medium

50%

Low-Medium

Low-Medium

Washington DC (Dulles Corridor Rapid Transit)

Medium

78%

Medium

Medium

Washington DC/MD (Largo Extension)

Medium

60%

Medium

Medium-High

* These projects are not rated based upon the exemption granted to projects where the anticipated Section 5309 New Starts share of the total estimated Capital Cost is below $25 million.