Presentation on theme: "[Presentation Date] [Presenter Name, Organization, Title] The Need to Repair & Replace [Your Region’s]Transit Network Presentation to [Organization] [Insert."— Presentation transcript:
[Presentation Date] [Presenter Name, Organization, Title] The Need to Repair & Replace [Your Region’s]Transit Network Presentation to [Organization] [Insert Your Logo]
2 Reduces Congestion – Transit reduces the number of cars on the road, making travel and commerce more efficient Increases Productivity & Quality of Life – Less time on the road means more time in the office and/or more time to spend with family Makes Region More Affordable – Provides alternatives to expensive gas and parking Attracts Employers – Companies have moved jobs to this area because transit provides access to top talent (i.e. [Insert Large Local Employers]) Creates Jobs – Every $1 B of investment supports nearly 24,000 jobs Transit Is an Economic Engine for [Your Region] Every dollar spent on transit generates an economic return of at least 4 to 1.
3 [Transit Agency] Oversees Transit in [Location] [Transit Agency overview, i.e. Established in 1974, the Regional Transit Authority (RTA) serves residents and visitors in Cook, DuPage, Kane, Lake, McHenry and Will counties.] [Transit Agency ridership and details, i.e. Responsible for fiscal oversight as well as financial and regional planning for the 2.2 million daily trips provided by: Chicago Transit Authority (CTA) Metra Commuter Rail (Metra) Pace Suburban Bus (Pace) and ADA Paratransit Service] [Transit Agency] Recent Work: [Insert Project]
4 Like a used car, it takes more money to operate & maintain the existing assets Lower percent of assets in good condition Higher percent of assets beyond useful life More time being repaired and less time in service Replacing transit assets/buying new vehicles is very expensive and has been limited for years due to inadequate transit funding Aging Assets = Increased Capital Costs
5 Because current funding levels don’t allow sufficient repair & replacement, rider experience is negatively impacted Delays – Equipment breakdowns and slow zones on tracks mean longer commutes and more congestion Less Frequent Service – Vehicles are retired and not replaced leaving commuters with fewer options Less Comfortable Ride – Rider comfort declines as seats, shocks and other parts wear out without replacement Funding Deficit = Less Reliable Service
6 Deferred maintenance leads to: Fewer transit riders = Decreased operating revenue Increased operating costs More roadway congestion Funding directed to maintenance, not service or expansion At Risk - Transit’s Future in [Your Region]
7 Quantifying the Need [Transit Agency] State of Good Repair = Any asset scoring 3 or higher based strictly on the asset’s age 5 Excellent 1 Past its Useful Life 4 Good 2 Marginal 3 Adequate [Transit Agency] rated all assets according to the following State of Good Repair (SGR) scale:
8 Quantifying the Need [Transit Agency] then determined the following costs: 10-yr normal replacement cost - Planned replacement cost for transit equipment and facilities reaching the end of their useful life during the 10-yr period. Backlog cost - Cost to replace transit assets still in service beyond their useful life. Capital maintenance costs - Replacement or rehabilitation costs required for assets to reach the full term of their useful life.
10 [Transit Agency] SGR Backlog Forecasts: Historic Funding Vs. Amount Required to Maintain Current Backlog [Optional Slide: Sample Chart 1]
11 [Transit Agency] SGR Backlog Forecasts: Historic Funding Vs. Amount Required to Maintain Current Backlog [Optional Slide: Sample Chart 2]
The Path – A National Transit Movement 12 Raise local awareness of SGR Funding Need Demonstrate advocacy tools & support through GATW in Chicago Get other transit agencies to replicate GATW in their regions Create a National Movement We plan to build on local support & get others to replicate campaign nationwide: Draft model legislation for supporters to rally around Build a diverse chorus of voices calling for change Put transit on the agenda as a national priority Getting America To Work
It Needs a National Solution 13 A rising tide lifts all buses and trains… We plan to share the tools & success of the GATW campaign with all transit entities around the country to engage many more advocates for the additional formula and discretionary funding needed to achieve a state of good repair nationwide …to create a national movement
14 Show your support publicly by: - Encouraging your organization to join the Getting America to Work coalition - Declaring your support individually at www.GettingAmericaToWork.com Contact your member of Congress - Tell them why a vital transit system is important to you - And that you support increased federal funding for transit and its economic benefits ♦ 24,000 jobs created for every $1 B invested How Can You Help? [Insert Your Logo]