Table 1A - Summary of New Starts Project Ratings for FY 2003 Budget

Phase and City (Project) Total Capital Cost (millions) Total Section 5309 Funding Requested (millions) Section 5309 Funds Share of Capital Costs Overall Project Rating Financial Rating Project Justification Rating
Final Design
Alaska Marine Highway System $38.5 (YOE) $24.9 65% Exempt Exempt Exempt
Alaska Railroad (South Anchorage Double Track) $69.6(YOE) $15.0 22% Exempt Exempt Exempt
Alaska Railroad (Knik River to Wasilla Track Improvements) $11.3 (YOE) $9.0 80% Exempt Exempt Exempt
Galveston, Texas (Rail Trolley Extension) *** $9.4 (YOE) $8.3 80% Exempt Exempt Exempt
Little Rock (River Rail Project) * $15.1 (YOE) $8.6 57% Exempt Exempt Exempt
Los Angeles-San Diego (LOSSAN Rail Corridor Improvements) * $35.7 (YOE) $24.1 68% Exempt Exempt Exempt
Nashville (East Corridor Commuter Rail) * $33.2 (YOE) $22.9 69% Exempt Exempt Exempt
Pawtucket, Rhode Island (Commuter Rail Improvement Program) $18.5 (YOE) $10.0 54% Exempt Exempt Exempt
Salt Lake City (Medical Center Extension LRT) $89.4 (YOE) $53.6 60% Recommended Medium-High Medium
San Francisco (Third Street Light Rail, Phase I) $557.9(YOE) $0.0 0% Exempt Exempt Exempt
Seattle (Central Link Initial Segment) $2,280.0 (YOE) $500.0 22% Recommended Medium Medium
Preliminary Engineering
Austin (Rapid Transit Project MOS) ** $749.2 (YOE) $374.6 50% Not Rated Not Rated Not Rated
Bridgeport, Connecticut (Intermodal Transportation Center) $62.4 (YOE) $24.9 40% Exempt Exempt Exempt
Charlotte (South Corridor LRT) $348.2 (YOE) $174.1 50% Highly Recommended Medium-High Medium-High
Chicago (Ravenswood Line Expansion) $476.0 (YOE) $245.6 52% Recommended Medium High
Cincinnati (Interstate 71 Corridor LRT) $899.9 (YOE) $449.9 50% Not Recommended (C) Low-Medium Medium
Cleveland (Euclid Corridor Transportation Project) $228.6 (YOE) $135.1 59% Recommended Medium-High Medium
Columbus (North Corridor LRT) $501.8 (YOE) $250.9 50% Recommended Medium Medium
Dallas (Northwest/Southeast Light Rail MOS) $1,237.5 (YOE) $500.0 40% Recommended Medium Medium
Denver (West Corridor LRT) $624.3 (YOE) $366.3 59% Recommended Medium-High Medium
Fort Collins, Colorado (Mason Street Transportation Corridor) $66.0 (YOE) $52.3 79% Recommended Medium Medium
Hartford (New Britain-Hartford Busway) $160.0 (YOE) $79.4 50% Recommended Medium Medium-High
Honolulu $683.4 (YOE) $231.6 34% Recommended Medium Medium-High
Kansas City, Johnson County (I-35 Commuter Rail) * $30.9 (YOE) $24.8 80% Exempt Exempt Exempt
Las Vegas (Resort Corridor Fixed Guideway) $440.0 (YOE) $130.0 30% Recommended Medium Medium-High
Los Angeles (Eastside Corridor LRT) $817.9 (YOE) $490.7 60% Recommended Medium Medium
Los Angeles (Mid-City/Exposition LRT) $343.9 (YOE) $160.3 47% Recommended Medium Medium
Los Angeles (San Fernando Valley East-West Transit Corridor) $314.0 (YOE) $0.0 0% Recommended Medium-High Medium
Louisville (South Central Corridor LRT) $671.2 (YOE) $380.2 57% Recommended Medium-High Medium
Lowell, Massachusetts-Nashua, New Hampshire (Lowell-Nashua Commuter Rail Extension) * $41.0 (YOE) $18.0 44% Exempt Exempt Exempt
Maryland (MARC Commuter Rail Improvements) ** $90.7 (YOE) $37.8 42% Exempt Not Rated Exempt
Miami (North 27th Avenue) $87.9 (YOE) $61.5 70% Not Recommended (JOC) Low Low-Medium
Minneapolis (Northstar Corridor Commuter Rail) $294.0 (YOE) $147.0 50% Recommended Medium Medium
New Orleans (Desire Corridor Streetcar) $93.5 (YOE) $56.1 60% Recommended Medium Medium
New York (Long Island Rail Road East Side Access) $4,350.0 (YOE) $2,175.0 50% Recommended Medium Medium-High
New York (Second Avenue Subway) $16,809.0 (YOE) $8,385.0 50% Recommended Medium Medium-High
Orange County (Centerline LRT Project) $1,889.0 (YOE) $944.5 50% Recommended Medium-High Medium
Philadelphia (Schuylkill Valley MetroRail) $1,831.7 (YOE) $1,465.4 80% Recommended Medium Medium
Phoenix (Central Phoenix/East Valley Corridor) ** $1,180.6 (YOE) $590.3 50% Recommended Medium-High Medium
Pittsburgh (North Shore Connector LRT) $389.9 (YOE) $272.9 70% Recommended Medium Medium
Raleigh (Phase I Regional Rail Project) $754.8 (YOE) $377.3 50% Recommended Medium Medium
San Diego (Mid Coast Corridor) $131.5 (YOE) $65.6 50% Highly Recommended Medium-High Medium-High
San Juan (Tren Urbano Minillas Extension) $561.5 (YOE) $449.2 80% Not Recommended (JC) Low-Medium Not Rated
Seattle (Everett-to-Seattle Commuter Rail) * $104.0 (YOE) $24.9 24% Exempt Exempt Exempt
Seattle (Link Extension and North Link) ** N/A (YOE) N/A N/A Not Rated Not Rated Not Rated
Seattle-Tacoma (Lakewood-to-Tacoma Commuter Rail) * $86.0 (YOE) $24.9 29% Exempt Exempt Exempt
Stamford (Urban Transitway and Intermodal Transportation Center) $24.0 (YOE) $18.0 75% Exempt Exempt Exempt
Tampa (Tampa Bay Regional Rail System) $1,455.0 (YOE) $727.7 50% Not Recommended (C) Low-Medium Medium
Washington County (Wilsonville-Beaverton Commuter Rail) * $82.8 (YOE) $24.9 30% Exempt Exempt Exempt
Washington, D.C. (Dulles Corridor Rapid Bus Transit) $389.1 (YOE) $233.5 60% Recommended Medium Medium

Note:

* 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, "J" represents the Project Justification Rating, "O" represents the Operating Finance Rating, "C" represents the Capital Finance Rating.