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Overall Changes in Funding in TIP | ||||||
Project | Proposed Change | Explanation | Section/Funding Source | Current Cost | New Cost | Difference |
FFY 2024 Earmark Discretionary | ||||||
S13010: REVERE- WONDERLAND MULTIMODAL CONNECTOR PLANNING STUDY | New Project | This line item includes $4 million of federal Community Project Funding with $1 million in matching funds to improve connectivity between the Wonderland Station on the MBTA Blue Line and to plan for a potential commuter rail facility in the area in the future. | Earmark Discretionary: HPP | $0 | $5,000,000 | $5,000,000 |
FFY 2024 Transit Program | ||||||
RTD001114: METROWEST RTA - 5307 FORMULA FUNDS - VEHICLE REPLACEMENT (6 Da w/ CNG) | Source Change, Cost Decrease | This line item rebalances the proportion of matching funding, increasing the matching share of the project from $482,500 to $700,000. The federal share has decreased from $626,444 to $405,214. | Transit: FTA Section 5307, RTACAP | $1,108,944 | $1,105,214 | -$3,730 |
CNG = Compressed Natural Gas. Da = Type D vehicle with low floor. FTA = Federal Transit Administration. HPP = Highway Performance Program. MBTA = Massachusetts Bay Transportation Authority. MWRTA = MetroWest Regional Transit Authority. RTACAP = Regional Transit Authority Capital Funds.