1 the face of public transportation. 2 public transportation in the u.s. today transit in every...
TRANSCRIPT
1
THE FACE OF PUBLIC TRANSPORTATION
2
Public Transportation in the U.S. Today
Transit in every state in the Union
Of the 464 urbanized areas, all but 14 have transit
15 heavy rail systems; 33 light rail; 22 commuter rail
34 million times a day, people board public transportation
10.1 billion annual boardings (2006)
6,000 transit providers in U.S.; 70% of usage on top 30 systems
$44 billion industry; employs more than 366,000 people
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Transit Use Growing Faster Than Highway Use (1995 – 2006)
0%
5%
10%
15%
20%
25%
30%
35%
U.S. Population Highway VMT Transit
(12%) (24%) (30%)
Ridership by Mode - 2005
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Unlinked Transit Trips
Bus 61%
Paratransit/Other2%
Commuter Rail4%
Heavy Rail29%
Light Rail4%
Passenger Miles
Bus44%
Paratransit/Other4%
Commuter Rail19%
Heavy Rail29%
Light Rail4%
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Who Uses Public Transportation and Why?
People take transit to make money and to spend money
Median household income for transit users - $39,000
65% of riders take it to commute
56% would use private vehicles if no transit available
53% of U.S. households have no access to public transit
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2005 Transit Industry Revenue Sources – $44 Billion
2005 Capital Funding - $12.4 Billion 2005 Operating Funds- $31.7 Billion
Directly Generated
42.0%
State20.5%
Local21.3%
Federal16.2%
State23.6%
Federal7.3%
Local21.0%
Directly Generated
48.1%
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Public Transportation in the U.S.
Cost is Clear: Benefits Are Diffuse
Transit users benefit from transit investment; but so do:
• urban auto drivers
• employers
• trucking companies
• asthma sufferers
• many, many others
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Public Transportation in the U.S.
When the Federal Government invests in public transportation, it buys:
Energy independence
Greenhouse gas reduction
Congestion relief and time savings
Economic development
Security and disaster relief
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Shift From Auto to Transit Lowers Dependence on Foreign Fuel
Saves 1.4 billion gallons of gasoline annually -- or
4 million gallons of gasoline per day
OilConsumption
Drops
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Public Transportation is a NetCarbon Reducer
Net CO(2) savings from public transportation 6.9 million metric tons – direct savings
Secondary savings suggest “leverage effect” for transit
A household can save 10% of its carbon footprint if one worker commutes by transit
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Benefits of Public Transportation: Boosts The Economy
$1 billion of federal
investment in transit
Produces
$ 6 billion in
economic returns
Without transit, congestion would be 18% more in 14
largest urban areas (feel free to change wording)
Reduces Congestion; Costs Would Have Been 13% Worse
Public transportation saves $10.2 billion in user costs and 541 million hours in travel time
Size of city not the issue: intensity of transit is -- people can’t use what they don’t have
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Provides Security and Disaster Relief
Public transit contributes in times of emergency
Post 9/11
Hurricane Katrina
Earthquakes
Floods
Private Investment and Transit
Opportunities for private investment exist – but distinct in approach (e.g. value capture, real estate)
Presence, predictability and stability of long term revenue necessary
Opportunity to improve procurement and delivery
Part of the funding equation
Benefits diffuse – user charges not able to capture