Table 6: State and Local System Annual Net New Revenue Needs (millions of dollars)
MDOT IDENTIFIED NEED | $410.0 | ||
New High Speed Rail | $25.0 | ||
New Mass Transit | $10.0 | ||
Total Reductions | $35.0 | ||
MDOT NET NEED | $375.0 | ||
Collection Expenses | $3.0 | ||
Land Acquisition Reforms | $5.8 | ||
Privatization | $13.8 | ||
Design Standards & Value Engineering | $37.3 | ||
Tort Reform | $4.9 | ||
Railroad Privatization | $2.0 | ||
State Environmental Regulations | $15.0 | ||
Total Cost Savings | $81.8 | ||
MDOT NET REVENUE NEED | $293.2 | ||
LOCAL COUNTY & CITY NEED | $281.8 | ||
Reorganization & Privatization | $64.3 | ||
Design Standards | $18.8 | ||
Prevailing Wage | $6.7 | ||
Total Cost Savings | $89.8 | ||
Net Local Need | $192.0 | ||
TOTAL STATE AND LOCAL NEED | $485.2 |
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