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Operating and Capital Expenses - Suburban / SMART A total funding package is proposed for SMART to permanently provide dedicated bus services with funds specifically designated for each purpose based on logistics and needs. The following cost analysis is a guideline that will maximize limited funds and protect our cities and environment. |
Operating expenses for SMART under "The Plan..." |
Funding Source |
Purposes |
Amounts |
State CTF |
Operating Assistance/ |
$30 Million/yr |
Property tax renewal |
Operating Assistance |
$50 Million/yr |
Proposed State CTF |
Dedicated operating assistance |
$21 Million/yr |
Farebox Revenue |
Calculations shows "The Plan..." |
$23.2 plus Million/yr |
Total yearly |
To be permanent |
$124.2 Million/yr |