| APPENDIX B: PROJECTED CAPITAL COSTS | ||||||
|---|---|---|---|---|---|---|
| MORE THAN TRANSIT | ||||||
| 2019 TRANSIT MASTER PLAN | ||||||
| 2021 | 2022 | 2023 | 2024 | 2025 | Total | |
| Projected | Projected | Projected | Projected | Projected | Projected | |
| Project Description | Cost | Cost | Cost | Cost | Cost | Years 1-5 |
| Bus Stop Investment Program-Phase II | $ 8,900,000 | $ - | $ - | $ - | $ - | $ 8,900,000 |
| Transit Terminals Program/TransitInfrastructure Program | $ 30,000,000 | $ - | $ - | $ - | $ - | $ 30,000,000 |
| Replacement of existing rolling stock vehicles (16 buses) and purchase of new vehicles (3 buses) for expansion in system for yrs 2021/2022; (8 vehicles for replacement of existing vehicles and 7 buses for expansion inyears 3-5) | $ 14,167,590 | $ - | $ 13,547,758 | $ 13,818,713 | $ 14,095,087 | $ 55,629,148 |
| Improvements to the Maintenance and StorageFacility (MASP) | $ 40,150,000 | $ - | $ - | $ - | $ - | $ 40,150,000 |
| Technology Projects | $ - | $ - | $ 400,000 | $ - | $ - | $ 400,000 |
| Total Funding Required | $ 93,217,590 | $ - | $ 13,947,758 | $ 13,818,713 | $ 14,095,087 | $ 135,079,148 |
| Estimated Funding Sources | ||||||
| Federal Funding (40.00%) | $ 37,287,036 | $ - | $ 5,579,103 | $ 5,527,485 | $ 5,638,035 | $ 54,031,659 |
| Provincial Funding (33.33%) | $ 31,069,423 | $ - | $ 4,648,788 | $ 4,605,777 | $ 4,697,893 | $ 45,021,880 |
| Municipal Funding (26.67%) | $ 24,861,131 | $ - | $ 3,719,867 | $ 3,685,451 | $ 3,759,160 | $ 36,025,609 |
| $ - | ||||||
| $ 93,217,590 | $ - | $ 13,947,758 | $ 13,818,713 | $ 14,095,087 | $ 135,079,148 | |
| Notes: | ||||||
| 1. Capital costs are being projected based on best estimates. Transit Windsor will report back to Council with each project tender results. | ||||||
| 2. Cost estimates for fleet purchases include a 2% estimated annual increase in purchase price. | ||||||
| 3. Transit Windsor included $2.5 million in enhancements for Bus Stops and Shelters in ICIP Intake #1. | ||||||
| 4. The total municipal funds needed are expected to be substantially offset by leveraging dollars in the current 8-year capital plan and are subjectto Federal and Provincial grant approvals. | ||||||
| 5. Funding for the Bus Stop Investment Program, Transit Terminal Program and Improvements to the Maintenance and Storage Facility are currently presented in 2021; however this capital work is subject to further review through studies which will determine the phasing of both thetiming of the work and required funding. | ||||||