TSP Financial Plan. We will base the TSP financial analysis on the anticipated capital and operating costs for each potential improvement strategy and will incorporate assumptions for inflation and potential matching funds. We will begin by using MUTD’s financial forecasts that detail anticipated revenue and capital expenditures. We will create a financial model to help develop a fiscally constrained and unconstrained vision for the future. In five-year increments (up to 15 years out), we will develop a fiscally constrained outlook and an implementation plan for the TSP. We will base the phasing plan on factors such as ease of implementation, cost, funding probability, ridership potential, transportation equity, community benefits, capital requirements, and environmental impacts. We will also develop a simplified graphic version of the implementation plan that is easy for the general public to understand. The TSP Financial Plan will include planning-level costs for each capital recommendation, such as zero-emission vehicles or a new bus operating facility. We will document both the initial capital costs as well as ongoing operations and maintenance costs. Outputs from this effort will be used to update the capital improvement plan and long-term pro forma. Deliverables: MPO: ▪ Preliminary financial resources summary ▪ Financial plan and fiscally constrained project list MUTD: ▪ 5-Year Capital Improvement Plan, including a phased project list with cost estimates, funding sources, and timelines ▪ Long-term pro forma for fleet, facilities, reserve, and service alternatives ▪ Updated financial model spreadsheet Task 7 MPO Air Quality Conformity Modeling
