Accessibility

CTA, Metra and Pace to use current revenue for operations

Posted on March 4, 2013

For the first time in 10 years, the Chicago Transit Authority, Metra and Pace will rely on current and recurring revenues to cover operations, according to the Regional Transportation Authority (RTA).

"They will no longer use capital funds or one-time measures to cover operating expenses,” said John S. Gates, Jr., RTA board chairman.  

“Our transit system is on more solid financial footing because critical capital funds won’t be transferred to operations but will be used for their intended purpose, to improve the transit system by purchasing and maintaining the equipment, facilities, and technology needed to improve the customer experience,” Gates said. “The service boards deserve credit for incorporating operational efficiencies to balance their budgets on a sustainable basis.”

Chairman Gates further noted that the budgets continue to fund the employee pension plans on a sound actuarial basis.

The RTA has worked diligently to coordinate and oversee the agencies while they face downward funding trends and aging infrastructure. Though transit is still in need of billions of dollars in funding, the service boards are poised to leverage capital funding in the coming years for critical transit projects including slow zone eradication, security cameras, reconstruction of Metra stations and transit infrastructure along the I-90 corridor.

Capital funding will be used largely for rolling stock renewal and other projects aimed at taking care of the existing system. Specific projects funded in the 2013-2017 capital programs include:

CTA
•    Slow zone eradication     
•    Wilson Station reconstruction
•    3,000 security cameras     
•    400 Bus-Tracker displays
•    Ventra open fare payment system roll-out     
•    Station renew crews

Metra
•    Introduction of Highliner train cars     
•    Train car rehabilitation
•    Reconstruction of Cicero and Fox River Grove stations     
•    Bridge replacement and rehabilitation

Pace
•    Purchase of coaches for I-55 Bus on Shoulder service expansion      
•    Bus and van replacements
•    I-90 corridor transit infrastructure      
•    Paratransit vehicle replacements
•    Construction and improvement of garages

Although the capital-to-operating transfers have stopped, Chairman Gates calls attention to the fact that the transit system still needs significantly more funding for further maintenance, enhancement and expansion. An RTA asset condition evaluation completed in December 2012 determined that the system has a 10-year capital need of $30.9 billion to achieve a state of good repair.

The RTA is leading a national effort to advocate for long-term federal funding through the "Getting America to Work" campaign.



View comments or post a comment on this story. (0 Comments)

More News

Mobility Ventures donates wheelchair-accessible MV-1 to Fort Worth charity

The event, held in conjunction with APTA's 2015 Bus & Paratransit Conference, recognized Catholic Charities Fort Worth for its dedication to providing service to those in need, according to the company. 

ADA Paratransit Eligibility Moving Toward a More Holistic Approach

Since its initial publication in 2003, Easter Seals Project ACTION’s “Determining ADA Paratransit Eligibility: An Approach, Recommendations and Training Materials,” has been the primary resource for agencies that assess individual applications for paratransit service.

Detroit’s SMART Deploys Alt.-Fueled Paratransit Fleet

Detroit’s Suburban Mobility Authority for Regional Transportation (SMART) provides fixed-route and paratransit demand service for residents in southeast Michigan. SMART’s fleet consists of 233 fixed-route buses and 110 Connector buses covering 1,100 square miles.

4ONE unveils new Q'POD ADA securement system

The newly redesigned Q’POD by 4ONE has an automotive-quality height-adjustable shoulder belt. The new seatbelt’s sliding mechanisms operate just like those in most cars and gives the wheelchair occupant three inches of up/down movement, which provides greater comfort for varying passenger heights and wheelchair styles.

Disability advocacy group threatens bus startup Leap with lawsuit

A Chronicle investigation this month found that Leap purchased used, wheelchair-accessible public transit buses and then retrofitted them to add bar-style seating and plush leather armchairs to the spaces once reserved for wheelchairs.

See More News

Post a Comment

Post Comment

Comments (0)



More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The resource for managers of class 1-7 truck Fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close