Legal Handbook for the New Starts Process (2010) / Chapter Skim
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Pages 9-11
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9 3. $25 Million Threshold Before SAFETEA-LU created the Small Starts program, the statute exempted a project from the New Starts process when the § 5309 assistance provided for a new fixed guideway capital project is less than $25 million.
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From page 10... ...
10 dividing that by the estimated travel time riders would save under the project; the result essentially is how the project's cost-effectiveness is determined. More specifically, a project sponsor uses local models to forecast ridership in the year 2030, the year chosen to estimate benefits over time.
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From page 11... ...
11 eral New Starts § 5309 share, including dedicated local sales or property taxes, flexing federal funds from the Surface Transportation Program administered by FHWA, toll revenues, and dedicated state funding. Moreover, the statute requires that "[l]
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