Metra Board of DirectorsSeptember 19, 2014

Presented by Lynnette H. CiavarellaSenior Division Director, Strategic Capital Planning

FY2015 & FY2016–2019 Capital Program Overview

2015 – 2019: Capital Program Funding

Funding Sources

Federal Base Program 2015 2016-2019Total

(in millions)

State of Good Repair (5337)/ Formula (5307) $156.6

$655.0 $811.6

Sub–Total Federal Base Program $156.6 $655.0 $811.6

Supplemental

Federal CMAQ 4.0 12.8 16.8

RTA Bond 45.0 0.0 45.0

Metra Farebox Capital 10.0 40.0 50.0

Sub–Total Supplemental Program $59.0 $52.8 $111.8

Core Capital Total $215.6 $707.8 $923.4

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2015 Proposed Major Capital Projects

Locomotive and Car Rehabilitation $ 66.0 M

North Line Bridge Replacement 15.3 M

Positive Train Control 55.0 M

Financial Systems Replacement 12.8 M

Total $ 149.1 M

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Proposed Capital Program Summary by Asset Category*

Asset Categories 2015 2016-2019 Total(in $Millions)

Rolling Stock $80.1 $311.8 $376.4

Track & Structure 34.6 139.7 178.2

Signal, Electrical & Communication 62.9 102.6 172.2

Facilities & Equipment 20.3 55.4 79.7

Stations & Parking 9.4 29.1 41.5

Support Activities 8.3 69.2 82.4

Total $215.6 $707.8 $923.4

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Includes $45 M in RTA State of Good Repair Bond Funding

Proposed 2015 Capital Program - Rolling Stock*

PE Project Name Rail LineAmount

(in $Millions)

4507 LOCOMOTIVE REHABILITATION MET 23.0

4910 CAR REHAB (AMERAIL CARS P6) MET 14.0

4901 TRACTION MOTORS MET 1.6

4806 LOCOMOTIVE MID LIFE REHAB MET 15.0

4908 MU CAR IMPROVEMENTS MET 0.5

4905 CAR REHAB (NIPPON SHARYO P-1) MET 7.0

4704 CAR REHAB AMERAIL P5 MET 7.0

4711 HOTEL POWER MODIFICATION MET 5.0

4902 LOCOMOTIVE & CAR IMPROVEMENTS MET 1.5

4903 WHEEL REPLACEMENT MET 4.0

4907 HVAC REFRIGERANT CONVERSION MET 1.5

Rolling Stock Total $80.1

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*Includes $45 M in RTA State of Good Repair Bond Funding

Proposed 2015 Capital Program - Track & Structure*

PE Project Name Rail Line Amount (in $Millions)

2112 NORTH LINE BRIDGES UPR 15.3

4915 TIES AND BALLAST BNS 1.0

4917 TIES AND BALLAST MWD 1.0

4918 TIES AND BALLAST RID 1.0

4919 TIES AND BALLAST UPR 1.0

4912 TIES AND BALLAST MED 2.0

4921 RAIL GRINDING MET .3

4922 RAIL GRINDING UPR .2

4923 CROSSINGS (ROAD & TRACK) MET 2.0

4924 CROSSINGS (ROAD & TRACK) MWD .7

4925 UNDERCUTTING & SURFACING MET .6

4926 UNDERCUTTING & SURFACING MWD .2

Track & Structure Subtotal $25.3

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*Includes $45 M in RTA State of Good Repair Bond Funding

Proposed 2015 Capital Program - Track & Structure* (cont.)

PE Project Name Rail Line Amount (in $Millions)

4927 RAIL BNS 1.9

4933 RAIL UPR 4.0

4928 RAIL REPLACEMENT MET 1.0

4920 RAIL NCS .7

4932 ROW FENCING MET .1

4938 BRIDGE & RETAINING WALL S BNS .5

4948 ROW FENCING UPR .1

4740 MIDLOTHIAN EMBANKMENT RID 1.0

(subtotal) 9.3

Track & Structure Total $34.6

*Includes $45 M in RTA State of Good Repair Bond Funding

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PE Project Name Rail Line Amount (in $Millions)

4343 POSITIVE TRAIN CONTROL MET 55.0

4744 PROTECTIVE RELAY REPLACEMENT MED 0.4

4850 RECTIFIER REPLACEMENT MED 0.5

4956 SIGNAL SYSTEM UPGRADES MET 0.5

3337 LAKE STREET INTERLOCKER UPR 1.0

4842 16TH STREET SIGNAL RID 3.0

4742 STRAY CURRENT PROTECTION MED 0.5

4562 TELEPHONE SYSTEM REPLACEMENT MET 2.0

Signal, Electrical, Communications Total $62.9

Proposed 2015 Capital Program – Signal, Electrical, Communications*

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*Includes $45 M in RTA State of Good Repair Bond Funding

Proposed 2015 Capital Program - Facilities & Equipment*

PE Project Name Rail LineAmount

(in $Millions)

4965 RIGHT OF WAY EQUIPMENT MET 1.0

4968 EQUIPMENT AND VEHICLES MET 2.0

4866 OFFICE EQUIPMENT MET 0.4

4953 YARD IMPROVEMENTS BNS 0.3

4969 CREW FACILITY UPR 0.1

4743 547 BLDG IMPROVEMENTS MET 0.7

4959 IT COMPONENTS & SERVICES MET 3.0

4852 FINANCIAL SYSTEM REPLACEMENT MET 12.8

Facilities & Equipment Total $20.3

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*Includes $45 M in RTA State of Good Repair Bond Funding

Proposed 2015 Capital Program – Stations & Parking*

PE Project Name Rail Line Amount(in $Millions)

4980 STATION FACILITY IMPROVEMENTS MET $1.5

4967 ADA IMPROVEMENTS MET 1.0

4784 VAN BUREN STATION MED 0.5

4982 CARY STATION AND SHELTERS UPR 2.0

4781 115th PARKING & IMRPROVEMENTS RID 0.9

4995 PROTECTIVE LAND ACQUISITION MET 3.5

Stations & Parking Total $9.4

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*Includes $45 M in RTA State of Good Repair Bond Funding

Proposed 2015 Capital Program - Support Activities*

PE Project Name Rail Line Amount(in $Millions)

4796 LOCALLY FUNDED PROJECTS/MATCH MET 0.8

4990 WINTERIZATION UPGRADES MET 1.0

4998 PROJECT ADMINISTRATION MET .7

4999 CONTINGENCIES MET 1.8

4994 INFRASTRUCTURE ENGINEERING MET 3.0

4996 UNANTICIPATED CAPITAL MET 1.0

Support Activities Total $8.3

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*Includes $45 M in RTA State of Good Repair Bond Funding

State of Illinois Bond Program

Capital Assets 2010 2011 2012 2013 2014 Outstanding Total

Highliner Replacement, MED

$118.8 $466.3 - - - - $585.1

Tier III Locomotives - - - - - 120.7 120.7

Renew Bridges - - - 12.0 18.0 37.5 67.5

UP West Line - - - - 44.5 - 44.5

Positive Train Control - - - 44.0 - 102.0 146.0

Yard Improvements - - - 7.2 - 7.8 15.0

Stations and Parking 38.2 - - 40.6 10.0 30.9 119.7

Wi-Fi on Trains** - - - 2.2 - - 2.2

Total $157.0 $466.3 $0 $106.0 $72.5 $298.9 $1,100.7

Metra Proposed State of Illinois Bond Program* – (in $Millions)

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* Use of Bond funds is subject to the release of funds and prioritization of projects by the State of Illinois in order to meet cash flow requirements

** For 2013 received $103.8 million; a funding request has not been submitted for Wi-Fi.

Metra State of Illinois Capital Bond Program

Jump Start Program Request

State

Phase II UP Bridge $37.5M

Deering Bridge 18.0M

UP-West Line 44.5M

PTC 60.0M

Locomotives 120.7M

Auburn Park Station 10.0M *

Total $290.7M

*2010 Capital Program contains $10 million from the Jobs Now Illinois State Bond Program; $20 million total

Jobs Now Program Request

StatePTC $42.0M

Yards 7.8M

Stations/Parking 30.9M

Total $80.7M

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Applied for $72.5 million in Jump Start Funds in June 2014 for Deering Bridge ($18M), UP-West Line ($44.5M), and Auburn Park ($10M)

$218.2 million remains to be funded from Jump Start and $80.7 million from Jobs Now; $298.9 remains unfunded.

State of Good Repair – Capital Budget

Metra’s capital investment needs over the ten year* capital program period includes:

Backlog $ 6.6 billionNormal replacement & rehabs 3.0 billionCapital maintenance 0.3 billion

Total $ 9.9 Billion

Metra’s capital funding sources through 2022 are currently projected at approximately $2.4 Billion

Source: RTA’s Capital Asset Condition Assessment Report – November 2013

* 10-year period: 2013-2022

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Potential Funding Sources

FederalLong-Term Federal Transportation LegislationFederal Discretionary Grant Programs

StateRealization of a Funded & Sustained State Bond ProgramAdditional State Bond Funding beyond 2014State Capital Improvement Programs

LocalRTA State of Good Repair BondsRTA Capital FundingMetra Financing

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