X hits on this document

PDF document

Capital Needs Inventory - page 17 / 100

230 views

0 shares

0 downloads

0 comments

17 / 100

Metro Capital Budget Uses FY 2005 - 2010 ($2 Billion)

$48.6

Metro reports its capital funding and future capital needs in two Washington metropolitan regional planning documents: the Transpor- tation Improvement Program (TIP), a 6-year financial program that describes the sched- ule for obligating federal funds to state and local projects, and the Constrained Long Range Plan (CLRP) which includes all regionally significant transportation projects and programs that are planned over the next 30 years. Both of these planning documents are federally mandated.

$696.2

$467.4

$147.3

$158.4

$226.1

$259.5

In 2008, Congress passed legislation (HR 2095) that authorizes up to $1.5 billion in federal funds for Metro’s capital program over 10 years if matched by Metro’s funding partners. Prior to this legislation, Metro was the only major transit system

without a source of dedicated funding. Although the new dedicated funding is notable progress, the funds are not guaranteed (subject to annual appropriation) and alone will not address Metro’s daunting capital needs. Only through signifi- cant support from the federal government, Maryland, the District of Columbia and Northern Virginia will Metro be able to fulfill its critical role in the region.

Metro System Overview

Plans for the Metrorail system were first developed in the 1960s with groundbreak- ing occurring in 1969 and service beginning in 1976. By 1980, 40 stations were open and by 1990, Metrorail served 63 stations. The most recent stations, Morgan

Boulevard and Largo Town Center in Prince George’s County, opened in 2004. Today Metrorail has over 1,100 trains serving 86 stations on 106 miles of track. Nearly 1,500 buses and over 500 MetroAccess vehicles move residents and em- ployees to destinations throughout the region.

The Washington, DC metropolitan area benefits tremendously from this long-

term investment in mass transit infrastructure. Seventeen percent (17%) of the region’s commuting trips are on transit according to the 2007/2008 household travel study conducted by the Metropolitan Washington Council of Governments. In FY 2009, Metro provided close to 360 million passenger trips (223 million on Metrorail, 134 million on Metrobus and about 2 million on MetroAccess). Overall, 43 percent of those working in the center core – Washington and parts

of Arlington County – use mass transit.

Vehicles/Vehicle Parts

Systems and Technology

Passenger Facilities

Fleet Maintenance Facilities

Track and Structures

Support Facilities

Rail Infrastructure Rehabilitation

Excludes $744.9 million for financing expenses, debt service and program management/support. The figure re- flects actual expenditures for FY 2005 – 2008 and forecasts for FY 2009 – 2010.

Today Metrorail has over 1,100 trains serving 86 stations on 106 miles of track. Nearly 1,500 buses and over 500 MetroAccess vehi- cles move residents and employ- ees to destinations throughout the region.

Introduction 15

Document info
Document views230
Page views230
Page last viewedSat Dec 03 18:20:03 UTC 2016
Pages100
Paragraphs2738
Words37000

Comments