The Bay Area Rapid Transit District (BART) intends to spend over $1.1 billion, including $750 million in fed. funds, to extend mass transit service to San Francisco's Internat'l. Airport. Fed. law requires FTA to insure that BART complies with fed. environmental laws and develops a viable financing plan. This report describes the actions the FTA must take before agreeing to fund the project, the project's current schedule and estimated cost and the factors that could affect them, and the project's finance plan, including assumptions that could affect its viability.