T112 | Rail Rolling Stock Procurement (Various)
This program provide funds for the replacement of rail rolling stock, including engineering assistance and project management, to replace over-aged equipment including rail cars, revenue service locomotives, and expansion of NJ TRANSIT rolling stock fleet (cars and locomotives) to accommodate projected ridership growth and other system enhancements over the next ten years. Funding is provided to support vehicles\equipment (for rail operations). Annual funds are provided for Comet V single-level car lease payments, Electric Locomotive lease payments, Diesel Locomotive lease payments, Dual Power Locomotives and Multi-Level rail car lease payments and other upcoming rolling stock lease payments. Pay-as-you-go funding is also programmed for Multi-Level vehicles and other rolling stock.
Toll Credit and/or State Transportation Trust Funds (TTF) will be used as the non-federal match. An explanation of toll credit and can be found in the Introduction Section of the STIP.
CMAQ:
Funding for Rail Rolling Stock Procurement will include CMAQ funds. Rail Rolling Stock Procurement is CMAQ eligible because it meets federal eligibility requirements. The project will provide funding for the purchase of 25 commuter vehicles to support the Portal North Bridge (PNB) project. Refer to DB T538 – Portal North Bridge where funds to support the design, engineering, construction and necessary initiatives are listed and explained. For the CMAQ justification see "CMAQ Report for NJ TRANSIT".
| Phase | Fund | FY24 | FY25 | FY26 | FY27 | LFY28-33 |
|---|---|---|---|---|---|---|
| Capital Acquisition | SECT 5307 | $0.073 | $0.737 | $1.442 | $1.442 | $8.649 |
| Capital Acquisition | SECT 5337 | $3.095 | $3.728 | $3.728 | $3.728 | $22.367 |
| Capital Acquisition | STATE | $10.592 | $9.979 | $11.002 | $11.002 | $26.993 |
| Capital Acquisition | CMAQ | $0 | $3.750 | $4.395 | $4.395 | $26.370 |
| Program Year Totals: | $13.760 | $18.194 | $20.567 | $20.567 | ||
| Total FY24-FY27 Cost: | $73.088 | Total FY24-FY33 Cost: | $157.467 | |||
| All costs in millions. | ||||||