transit funding 101
DESCRIPTION
Transit Funding 101. Exciting. Why Care About Transit Funding?. Management issue? Service levels Wages/benefits Safety Layoffs. Why Care?. Since 2008, 85% of transit systems have had fare increases, service cuts, or layoffs . Local sales tax revenues plummeted Real estate tanked. - PowerPoint PPT PresentationTRANSCRIPT
Bus Driver Fatigue
Transit Funding 101
Exciting
Management issue?Service levelsWages/benefitsSafetyLayoffs
Why Care About Transit Funding?Since 2008, 85% of transit systems have had fare increases, service cuts, or layoffs.Local sales tax revenues plummetedReal estate tanked
Why Care?Authorization bill (six years)Sets funding levels, policies
Federal FundingHouse-- Transportation CommitteeSenateBanking Committee
Authorizing CommitteesFunding levels:
MAP-21 - FY 2013 - $10.6 billionMAP-21 - FY 2014 - $10.7 billion
Authorizing CommitteesTransit Funding Through the Years
http://thedailyshow.cc.com/videos/46mu9k/shabby-roadFlat FundingFunding policies
Operating assistance
Before 1998: eligibleTEA-21: Preventive maintenance (liberal)200,000 rule (favors Rs in rural areas)Amendment (fuel, economic conditions) failed in 2012
Authorizing CommitteesMAP-21 new rule flexibility for areas above 200,000, given the following:
Systems that operate 75 or fewer buses in peak service hours, regardless of their population, may flex up to 75% of their formula funds to operating.
Systems that operate a minimum of 76 buses and a maximum of 100 buses in peak service hours may flex an amount not to exceed 50% of their formula funds to operating.
Operating AssistanceTransit intensive citiesHigher ridership than typical populationCollege towns
Funding Policies5307 Formula: ridership, vehicle milesHigh density statesGrowing states
Funding PoliciesBus program no more earmarks % was 20%, now less than 10%
Funding PoliciesState of good repair (modernize fixed guideway, other capital)
Rail Program - GrowingAuthoring levels not guaranteed
House and Senate Subcommittees on Transportation, Housing, and Urban developmentAnnual appropriations bills (13)Omnibus more commonContinuing resolutions (flat funding)
Appropriations CommitteesDistributes funds to grant recipients following Congressional action
Executive Branch - FTAState Funding
Transit Funding 101
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