1. MN HSR Commission Funding Formula
Mn High Speed Rail Commission
September 1, 2016

2. MnHSR Commission: History
Commission formed in 2009:
Developing a funding formula
County railroad authorities seen as most sustainable funding source
Discussed elements of a funding formula, recognizing that not all members benefit equally
Four funding formula elements: population, route miles, HSR and commuter stations and a base amount

3. MnHSR Commission Funding Formula
Current Funding Formula, per Article 9 of the Joint Powers Agreement
50% population in the Financial Party jurisdiction
10% high speed rail route mileage
31% high speed rail and commuter rail station locations
9% base shared equally by all Financial Parties

4. HSR Formula – Rail Stations (31%)
2009 Joint Powers Agreement includes:
Four high speed rail Stations (Union Depot - Saint Paul, Red Wing, Rochester and Winona)
Four commuter rail stations (one in Ramsey County, two in Washington County, and one in Dakota County)
None are double counted
Union Depot at 8%, all others at 3.5%

5. HSR Formula – Stations (31%)
2009
Olmsted County did not join
Subtract one high speed rail station
2012
Washington County withdrew
Subtract two commuter rail stations
2013
Station percentage was shifted from stations to equally shared base, per the JPA

6. Mn HSR Commission Funding Formula
Without Olmsted County RRA and following Washington County RRA withdrawal
Current Funding Formula, per Article 9 of the Joint Powers Agreement

7. 2016 Mn HSR Commission Total Dues
Five Financial Parties, following Washington County withdrawal and prior to La Crosse Area Planning Committee joining

8. Joint Powers Agreement Amendment
July 2016
La Crosse Area Planning Committee joins the MN HSR Commission as a Financial Party
LAPC dues calculated per JPA and added to already adopted 2016 Budget
Commission undertakes update of the JPA; requests two options without commuter rail stations in the funding formula

9. Funding Formula: Option 1
Maintains the stations percentage at 31% of total dues
Four total high speed rail stations
Includes La Crosse Area Planning Committee

10. Funding Formula: Option 2
Represents a further adjustment of the formula
Allocates commuter rail station percentage to base
Includes La Crosse Area Planning Committee

11. Summary
Original funding formula adopted in 2009 was immediately adjusted, later adjusted again
Option 1 follows the adopted formula, though with just four HSR stations
Option 2 follows the formula adjustment process