Ramsey County Regional Railroad Authority 2016-2017 Proposed Budget Presented to the Regional Railroad Authority for Consideration August 4, 2015 2016-2017 RCRRA Proposed Budget Ramsey County Vision A vibrant community where all are valued and thrive Ramsey County Mission A county of excellence working with you to enhance our quality of life 2 2016-2017 RCRRA Proposed Budget Ramsey County Goals • Strengthen individual, family and community health, safety and well- being through effective safety-net services, innovative programming, prevention and early intervention, and environmental stewardship • Cultivate economic prosperity and invest in neighborhoods with concentrated financial poverty through proactive leadership and inclusive initiatives that engage all communities in decisions about our future • Enhance access to opportunity and mobility for all residents and businesses through connections to education, employment and economic development throughout our region • Model forward-thinking investment, fiscal accountability and transparency through professional operational and financial management. 3 Community Needs The proposed 2016-2017 RCRRA budget is responsive to community needs and Ramsey County goals: • Maintains and nurtures our quality of life by developing a long-range vision of transit services to meet changing needs of the community, ease congestion, improve travel between work and entertainment and increase the economic competitiveness of the county • Provides important services that support a vibrant community at Union Depot, with an emphasis on robust transportation services and connections and a welcoming community gathering place • Integrate our work within the service team realignment and continue our strong relationships with regional partners 4 2016-2017 RCRRA Proposed Budget Today’s Opportunities: • Cementing the government, business and community relationships that will advocate for and lead the build out of a comprehensive multi-modal transportation system across the County that ultimately strengthens the entire region • Continue to develop and operate Union Depot as a regional economic, transportation and cultural anchor within our broader community • Plan to leverage a fully developed multi-modal transportation system to generate widespread and sustainable economic prosperity 5 2016-2017 RCRRA Proposed Budget Corridor Projects The 2016-2017 proposed budget includes funding for following corridors: • Gateway Corridor (Gold Line)– Complete the Draft Environmental Impact Statement on the corridor’s Locally Preferred Alternative (Dedicated Guideway BRT). Initiate Project Development activities in accordance with Federal Transit Administration New Starts Program guidelines • Riverview Corridor – Complete the Pre-Project Development Study to select a transit mode and alignment as the corridor’s Locally Preferred Alternative (LPA). Undertake a Draft Environmental Impact Statement for the corridor’s LPA • Rush Line Corridor – Complete the Pre-Project Development Study to select a transit mode and alignment as the corridor’s Locally Preferred Alternative (LPA). Undertake a Draft Environmental Impact Statement for the corridor’s LPA 6 2016-2017 RCRRA Proposed Budget Corridor Projects • Red Rock Corridor – Continue project development through the completion of the Red Rock Corridor Implementation Plan for bus rapid transit and implementation of the recommendations of the Alternatives Analysis Update Study, Station Area Planning Study and East Metro Railroad Capacity Study • Robert Street Corridor – Continue project development through implementation of the recommendations of the Alternatives Analysis • Passenger Rail – Continue advocacy through MN High Speed Rail Commission and the Minnesota Passenger Rail Forum. Continue coordination with Mn/DOT, WisDOT, Amtrak, freight railroads, and other partners on the completion and implementation of the recommendations from the Second Train Feasibility Study, Twin Cities to Milwaukee High Speed Rail studies, Zip Rail and NLX studies, as well as statewide passenger rail studies • Northeast Corridor and Northeast Diagonal Corridor – Preserve right of way for future transit use 7 2016-2017 RCRRA Proposed Budget The Budget Bottom Line • A 2.7% total budget increase of $607,114 (all funding sources) is proposed in 2016 • A 10.6% total budget reduction of $2,461,232 (all funding sources) is proposed in 2017 • A 6.8% property tax levy increase of $1.3 million is proposed for 2016 • A 3.9% property tax levy increase of $798,000 is proposed for 2017 • The 2016 proposed levy is at the statutorily authorized maximum levy amount 8 2016-2017 RCRRA Proposed Budget Where the Regional Railroad Authority Dollar Goes Total 2016 Spending = $23,057,849 Administration Debt Service 7.29% 29.69% Administration Union Depot Transit Corridors Property Acq. Debt Service Property Acq 3.62% Transit Union Depot Corridors 44.67% 14.73% 9 2016-2017 RCRRA Proposed Budget Where the Regional Railroad Authority Dollar Goes 2015 2016 2015 % o f 2016 % o f Approved Total Proposed Total Administration $ 1,727,455 7.69% $ 1,679,916 7.29% Union Depot 7,982,888 35.56% 10,300,768 44.67% Transit Corridors 5,179,900 23.07% 3,395,350 14.73% Property Acq & Maint 580,492 2.59% 835,199 3.62% Debt Service 6,980,000 31.09% 6,846,616 29.69% Total $ 22,450,735 100.0% $ 23,057,849 100.0% 10 2016-2017 RCRRA Proposed Budget Where the Regional Railroad Authority Dollar Comes From Total 2016 Revenue = $23,057,849 Use of Money, Fund Balance Property, Sales 5.7% 8.18% Use of Money, Property, Sales Property Taxes Fund Balance Property Taxes 86.12% 11 2016-2017 RCRRA Proposed Budget Where the Regional Railroad Authority Dollar Comes From 2015 2016 2015 % o f 2016 % o f Approved Total Proposed Total Use of Money, Property & Sales $ 1,882,638 8.39% $ 1,886,713 8.18% Property Taxes 18,562,700 82.68% 19,856,910 86.12% Fund Balance 2,005,397 8.93% 1,314,226 5.70% Total $ 22,450,735 100.00% $ 23,057,849 100.0% 12 Important Dates • August 4 County Manager presents her proposed budget during the County Board meeting, with a Property Tax Workshop held at 1:30 pm at Falcon Heights City Hall • Aug 11 – Sept 15 Department budget hearings • Sept 15 Public Hearing #1 (1:30 p.m. at Courthouse) • Sept 15 Administrative Budget Addenda presented • Sept 15 Financial overview • Sept 22 Maximum tax levy set for 2016 • Sept 28 Joint Property Tax Advisory Committee meeting to set joint levy • Nov 10 – 24 Truth in Taxation Notices of estimated taxes mailed • Nov 30 Public Hearing #2 (6:30 p.m. at Saint Paul Central High School) • Dec 1 Board Budget Addenda presented • Dec 15 Final approval of biennial budget & 2016 property tax levy 13 2016-2017 RCRRA Proposed Budget Ramsey County Regional Railroad Authority website • Planning studies • Project websites • Archived meeting minutes www.co.ramsey.mn.us/rail 14 Ramsey County – A county of excellence working with you to enhance our quality of life Additional information on the 2016-2017 Proposed Budget is available on Ramsey County’s website: http://www.co.ramsey.mn.us Clerk to the Board Office 651-266-8014 15.