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THE FACE OF PUBLIC TRANSPORTATION

THE FACE OF PUBLIC TRANSPORTATION. 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

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THE FACE OF PUBLIC TRANSPORTATION

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  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

  3. Transit Use Growing Faster Than Highway Use (1995 – 2006) (12%) (30%) (24%)

  4. Ridership by Mode - 2005

  5. 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

  6. 2005 Transit Industry Revenue Sources – $44 Billion 2005 Capital Funding - $12.4 Billion 2005 Operating Funds- $31.7 Billion

  7. 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

  8. 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

  9. Oil Consumption Drops 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

  10. 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

  11. Benefits of Public Transportation: Boosts The Economy $ 6 billion in economic returns $1 billion of federal investment in transit Produces

  12. 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

  13. Provides Security and Disaster Relief Public transit contributes in times of emergency • Post 9/11 • Hurricane Katrina • Earthquakes • Floods

  14. 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

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