2014 Annual Program Evaluation (APE) Status Update April 1, 2014

Presentation Overview APE Purpose and Process FasTracks Program Status FasTracks Program Cost Changes for 2014 APE Next Steps

APE Purpose and Process Annual evaluation process for the FasTracks program Update project capital and operating cost estimates to current baseline Update revenue estimates to current forecasts Update overall financial plan to current conditions Focus on projects in current time horizon – through 2019

Current committed program capital cost through 2019 (year of expenditure dollars): $5.3B

FasTracks Program Status Projects completed to date West Rail Line US 36 BRT Phase 1 Church Ranch park-n-Ride McCaslin Pedestrian Bridge Broomfield Park-n-Ride and Pedestrian Bridge US 36 BRT Phase 2 Table Mesa Pedestrian Bridge LRT Maintenance Facility Expansion Miscellaneous projects

FasTracks Program Status (cont.) Projects to be completed by 2018 Denver Union Station – opening May 2014 Free MetroRide – opening May 2014 Eagle Project – 60% complete East Corridor Gold Line Northwest Rail Electrified Segment Commuter Rail Maintenance Facility I-225 Rail Line – construction 25% complete North Metro Rail Line Revenue service to 124th Avenue – NTP issued

FasTracks Program Status (cont.) Projects to be completed by 2018 (continued) US 36 BRT Phase 2 US 36 Managed Lanes Queue Jumps 59 Buses for BRT Operations Station Amenities and Security Upgrades Church Ranch Platform Relocation Westminster Center Pedestrian Improvements Longmont Station Light Rail Storage Tracks (pending Board approval) Miscellaneous projects

Construction Progress: Union Station

Construction Progress: Union Station Bus Concourse

Construction Progress: Free MetroRide

Construction Progress: I-225

Construction Progress: US 36

Construction Progress: Gold Line

Construction Progress: East Rail Line

Construction Progress: East Rail Line (cont.)

Project Progress: North Metro

FasTracks Program Costs through 2019 (millions of dollars) Project Spent Through 2013 Total Project Budget Denver Union Station $298.4 $314.9 Eagle Project $1,239.4 $2,272.6 West Corridor $665.5 $678.4 North Metro $101.5 $708.3 Northwest Rail $11.0 $29.2 I-225 $216.3 $693.2 Southwest Extension $23.2 $24.5 Southeast Extension $33.1 $39.6 Central Extension $10.7 $10.9 Light Rail Maintenance Facility $17.2 US 36 BRT $119.8 $198.7 Free MetroRide $0.3 $16.9 Misc. Projects $244.8 $344.2 Total Program $2,981.1 $5,348.7

Changes for 2014 APE US 36 BRT Project elements approved by the Board in September 2013 Accelerate project elements for completion by 2018 Church Ranch platform relocation Westminster Center pedestrian improvements Upgraded BRT vehicles Additional project contingency Project funding FASTER grant for Church Ranch Remaining funding to come from the FISA balance

Changes for 2014 APE Other Projects I-225 Storage Tracks Separate board action for approval in April 2014 Additional Eagle commuter rail vehicles Additional vehicles provide for expansion capability, special event capacity and reliability of service Vehicle purchase was approved by the RTD board in December 2013 BNSF right-of-way west of Ward Road on the Gold Line Purchase was approved by the Board in 2010 Required as part of the overall Gold Line right of way acquisition

Next Steps May: NAMS Update DRAFT Next Steps May: NAMS Update June: Board Action on NAMS Recommendations (if required)  June: Board Update Regional Transportation Plan DRCOG Time Horizon Change from 2035 to 2040 Senate Bill 208 Baseline Report Submittal to DRCOG July: Board Adoption 2014 Annual Program Evaluation 2040 Regional Transportation Plan SB 208 Baseline Report Submittal to DRCOG