00602746

Component

http://onlinepubs.trb.org...trr/1990/1266/1266-007.pdf

https://scholar.google.co...kham&publication_year=1990

The purpose of the Bay Area Transit Finance Plan was to determine the financial capacity of the region to fund a multioperator rail extension program into the next century. The 21 proposed rail extension projects were grouped into 5 alternative regional packages. The financial impacts of these alternatives were assessed against ongoing funding required to operate, maintain, and recapitalize the existing eight-operator regional transit system in the Bay Area. The cumulative financial position at the end of 10- and 20-year periods was calculated for each transit operator and the entire region from a microcomputer-based cash flow model. The cash flow model integrated annual operating costs and revenues, vehicle and facility replacement, rail extension capital costs, and projected funding from dedicated existing sources as well as proposed new revenue sources. It was determined that the region had the financial capacity to operate, maintain, and recapitalize its existing transit system. However, it was found that the region would experience a cumulative deficit of $1.1 billion at the end of 10 years if the regionally preferred rail extension program was implemented, unless additional revenues could be made available. A series of funding recommendations were proposed that were consistent with proposals being advanced at state and county levels and, if implemented, would eliminate the 10-year cumulative deficit. These proposals have subsequently either been enacted or are in the process of being enacted into law.

This paper appears in Transportation Research Record No. 1266, Urban Public Transportation Research 1990. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved

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p. 67-76

1990

Transportation Research Record

0309050189

Figures (1) ; Tables (7)

Alternatives analysis; Cash flow; Finance; Financing; Recommendations

San Francisco Bay Area Rapid Transit District

Extension

Finance; Highways; Public Transportation; Research

TRIS, TRB

Dec 31 1990 12:00AM

• ACCURACY IN TRANSIT DRUG TESTING: A PROBABILISTIC ANALYSIS (WITH DISCUSSION AND CLOSURE)
• ALTERNATIVE FORMS OF MOTIVE POWER FOR SUBURBAN RAIL RAPID TRANSIT
• BENEFITS TO BUS OPERATORS OF INTRODUCING A COMPREHENSIVE LIFE CYCLE COSTING SYSTEM: A PRACTICAL APPLICATION
• BUS MAINTENANCE PERFORMANCE: FINDINGS AND DIRECTION FOR RESEARCH
• BUS SERVICE TIMES AND CAPACITIES IN MANHATTAN
• CAPITAL PROJECT PRIORITY SETTING AT THE SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY
• CASE STUDY IN LAND USE AND PARKING REGULATIONS IN SUPPORT OF CAMPUS TRANSIT SERVICES: DEVELOPMENT OF CY-RIDE IN AMES, IOWA
• CONCEPTUAL MODEL OF THE FIXED-GUIDEWAY DECISION PROCESS
• DRIVE FOR EXCELLENCE: HOW TO INCREASE TRANSIT RIDERSHIP
• EMPLOYEE ASSISTANCE PROGRAMS IN THE PUBLIC TRANSIT INDUSTRY: EXPERIENCE OF CONNECTICUT TRANSIT AND SOME CONCERNS FOR THE FUTURE
• EVALUATING A LARGE NUMBER OF STATION AND ALIGNMENT ALTERNATIVES
• FINANCING PEOPLE MOVERS: THE CASE OF ATLANTIC CITY
• IMPACT OF LABOR CONTRACT PROVISIONS ON TRANSIT OPERATOR PRODUCTIVITY
• IMPROVING THE EFFECTS OF ELEVATED TRANSIT STATIONS ON NEIGHBORHOODS
• LINDENWOLD RAIL LINE AND NEW JERSEY TRANSIT BUSES: A COMPARISON
• MARKET-BASED APPROACH TO TRANSIT FACILITY DESIGN
• MODERNIZATION OF SEPTA'S NORRISTOWN HIGH-SPEED LINE
• NET COSTS OF PEAK AND OFFPEAK TRANSIT TRIPS TAKEN NATIONWIDE BY MODE
• PLANNING A NEW VEHICLE AND ROADWAY SYSTEM FOR DEVELOPING COUNTRIES
• PLANNING AND IMPLEMENTING BUS ROUTE CHANGES TO SERVE NEW RAPID TRANSIT LINES: THE ARCHER AVENUE EXPERIENCE IN NEW YORK
• PUBLIC TRANSPORTATION PROBLEMS AND SOLUTIONS IN THE HISTORICAL CENTER OF QUITO
• SCHEDULING TRANSIT EXTRABOARD PERSONNEL
• SITE SELECTION AND SIZING OF AN LRV STORAGE YARD
• THE RIGHT-OF-WAY AGREEMENT: NINE-JURISDICTION PLAN FOR TOMORROW
• TOWARD A PASSENGER-ORIENTED MODEL OF SUBWAY PERFORMANCE (WITH DISCUSSION AND CLOSURE)
• TRANSIT CAPITAL PLANNING IN THE SAN FRANCISCO BAY AREA
• USING VALUE ENHANCEMENT TO FINANCE PEOPLE MOVERS IN SUBURBAN ACTIVITY CENTERS
• VEHICLE REPLACEMENT STRATEGIES: OPPORTUNITIES FOR EFFICIENCIES
• WORK STANDARDS: THEIR USE AND DEVELOPMENT USING A MAINTENANCE MANAGEMENT INFORMATION SYSTEM