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Operating and Capital Expenses - Suburban / SMART
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The total funding package includes a matching State grant from the Michigan Department of Transportation. This grant is to get buses in and out of Downtown Detroit, which is most essential to implement regional transportation in Michigan.


Capital expenses for SMART

Funding Source

Purposes

Amounts

Federal Grants

Purchase of capital items,
buses, equipment, e.c.t.

$14 Million/yr

MDOT State fund
to match Federal transit fund

To pay capital
costs for "The Plan..."

$100 Million

USDOT Federal Fund
to match State transit fund

To pay capital
costs for "The Plan..."

$100 Million

Total capital improvements

In the year "The Plan..."
is implemented / 2015 to 2018

$214 Million


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