CCSF Caltrain Obligations Capital Planning Program 11/12/2018   CCSF Caltrain Obligations April 30, 2013

CCSF OBLIGATIONS TO CALTRAIN Capital Planning Program CCSF OBLIGATIONS TO CALTRAIN 11/12/2018 Operating Subsidy Contribution Capital & State-of-Good-Repair Contributions CCSF Contribution to High Speed Rail Early Investment

SUMMARY OF FUNDING OBLIGATIONS Capital Planning Program 11/12/2018 SUMMARY OF FUNDING OBLIGATIONS CCSF High Speed Rail Early Investment Contribution Project Budget: $1.5 B CCSF Contribution: $60 M $20 M identified to date $40 M gap starting in FY 2016

CALTRAIN STUDY OVERVIEW Capital Planning Program 11/12/2018 CALTRAIN STUDY OVERVIEW Goals Identify short and long term financial obligations Identify risks and challenges Recommend ways to address funding gaps in strategic and comprehensive manner Study Timeline March – April: Stakeholder review of draft report May – June: Finalize report

Kaitlyn Connors, Assistant Director Questions & Comments? Brian Strong, Director 415-558-4558 brian.strong@sfgov.org Kaitlyn Connors, Assistant Director 415-558-4515 kaitlyn.connors@sfgov.org

PRELIMINARY FINDINGS Key Risks & Uncertainties Capital Planning Program 11/12/2018 PRELIMINARY FINDINGS Key Risks & Uncertainties Electrification Project costs may rise  increased JPB partner contribution Estimates based on costs from 2009 study (inflation not accounted for) Project delivery method not chosen Timing of when funds will be needed unknown Delivery method may impact JPB member capital contributions