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Transit Funding 101. Exciting  Management issue? Service levels Wages/benefits Safety Layoffs Why Care About Transit Funding?

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Presentation on theme: "Transit Funding 101. Exciting  Management issue? Service levels Wages/benefits Safety Layoffs Why Care About Transit Funding?"— Presentation transcript:

1 Transit Funding 101

2 Exciting

3  Management issue? Service levels Wages/benefits Safety Layoffs Why Care About Transit Funding?

4  Since 2008, 85% of transit systems have had fare increases, service cuts, or layoffs.  Local sales tax revenues plummeted  Real estate tanked Why Care?

5  Authorization bill (six years)  Sets funding levels, policies Federal Funding

6  House-- Transportation Committee  Senate—Banking Committee Authorizing Committees

7 Funding levels:  MAP-21 - FY 2013 - $10.6 billion  MAP-21 - FY 2014 - $10.7 billion Authorizing Committees

8 Transit Funding Through the Years

9 http://thedailyshow.cc.com/videos/46mu9k/shabby-road Flat Funding

10 Funding policies Operating assistance Before 1998: eligible TEA-21: Preventive maintenance (liberal) 200,000 rule (favors Rs in rural areas) Amendment (fuel, economic conditions) failed in 2012 Authorizing Committees

11 MAP-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 Assistance

12  Transit intensive cities  Higher ridership than typical population  College towns Funding Policies

13  5307 Formula: ridership, vehicle miles  High density states  Growing states Funding Policies

14 Bus program –  no more earmarks  % was 20%, now less than 10% Funding Policies

15 State of good repair (modernize fixed guideway, other capital) Rail Program - Growing

16 Authoring levels not guaranteed House and Senate Subcommittees on Transportation, Housing, and Urban development Annual appropriations bills (13) Omnibus more common Continuing resolutions (flat funding) Appropriations Committees

17 Distributes funds to grant recipients following Congressional action Executive Branch - FTA

18 State Funding

19 Transit Funding 101 Canada

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