| 9/16/08 - The Case for Investment in Transit Capacity: STOA FYE 2010 |
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| State Government | |
Improved mobility for riders and non-riders alike
Positive economic development impact
Air quality improvement
Energy conservation and independence
Smart growth
It is obvious that transit systems deliver a major return on the State's investment. And while these are difficult times, it is not the time to reduce the State's commitment to transit operating assistance. For the many reasons cited above, tough economic times suggest a heightened investment in public transportation because of the economic, environmental and energy benefits it delivers and the vital service it provides to New Yorkers of all ages and income groups. For FYE 2010, New York's public transit systems are facing major cost pressures as they seek to maintain affordable service. In light of these circumstances, systems across the state are being forced to consider fare increases, service cuts, or both to balance budgets. The situation facing some of these transit systems is highlighted in the following pages. Bottom Line: STOA Needs FYE 2010According to data assembled through the 17-a process, non-MTA STOA will need to increase by $76.5 million ($36.4 million upstate and $36.1 million downstate) to allow public transportation to continue to operate effectively throughout the state. There are many factors driving operating budgets higher, but a closer look at just three items - fuel costs, mandated ADA paratransit services, and health benefits - illustrates the magnitude of the cost containment challenge: Projected cost increases for FYE 2010: Fuel $15.7 million The STOA expectations highlighted by the transit operators covered in the following system assessments often exceed the requests submitted through the 17-a process. Transit operators are continuing to respond to a deteriorating economy and increasing service demands as they prepare for the coming fiscal year. The need for STOA is rising in concert with the need for affordable mobility in difficult economic times. Providing STOA at adequate levels to compensate for cost increases is an indispensable element of an overall effort to maintain vital mobility options for all New Yorkers and to realize the sustainability benefits that public transit alone can deliver in the transportation arena.For info on the fiscal situation for many of our states' transit agencies, click here.
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Silver
BAE Systems
Bombardier Transportation
New Flyer of North America
Nova Bus
Bronze
Atlantic DDA
Daimler Buses North America
Additional
GTS, Inc. - I/O Controls
The Nevison Group
USSC/4 One, LLC
Public Transit is an easy way to make your daily routine more green. But how can public transit providers make transportation itself more green? Click Here to read more.
Switching to public transit can reduce your daily carbon emissions by 20 pounds; that’s more than 4,800 pounds a year!
That's more than all of these combined:
| A single subway line can carry 30,000 passengers in one hour. Ten additional highway lanes would be needed if these riders drove instead. Fewer cars mean less time spent commuting! |