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PennDot PresentationTransit Agency Status
Wednesday, November 2, 2011
SEPTA Attendees
Joseph Casey, General Manager• Phone: (215) 580-7070, Fax: (215) 580-3636, Email: [email protected]
Richard Burnfield, Chief Financial Officer/Treasurer• Phone: (215) 580-7411, Fax: (215) 580-3636, Email: [email protected]
Thomas McFadden, Assistant Treasurer• Phone: (215) 580-8026, Fax: (215) 580-7212, Email: [email protected]
Frank Gormley, Director Operating Budget• Phone: (215) 580-8112, Fax: (215) 580-7231, Email: [email protected]
Catherine Popp-McDonough, Director Capital Budget• Phone: (215) 580-7374, Fax: (215) 580-7233, Email: [email protected]
Charles Kryder, Senior Accountant• Phone: (215) 580-7891, Fax: (215) 580-7436, Email: [email protected]
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Agenda
1. SEPTA Service Profile2. Strategic Business Plan3. Fiscal Year 2012 Operating Budget4. Fiscal Year 2012 Capital Budget5. Current Financial Position6. Organizational Structure7. Labor Contracts 8. Major Contract Provisions9. Healthcare10. Pension Overview11. Diesel Fuel12. Passenger Revenue13. Major Factors Producing Cost Increases14. Cost Savings Initiatives15. Funding Statistics/Trends16. Capital Status Review
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1. SEPTA Service Profile
SEPTA Service Profile
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Nation’s sixth-largest public transportation system
Largest public transportation system in Pennsylvania
Instrumentality of the Commonwealth of Pennsylvania
Service area covers about 2,200 square miles, including Bucks, Chester, Delaware, Montgomery and Philadelphia counties
Population of 4 million residents
SEPTA Service Profile
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SEPTA serves 334 million annual passenger trips providing 98 million vehicle miles of service with 2,750 vehicles
Operates comprehensive transit network through its four divisions with 144 fixed routes City Transit Division primarily serving Philadelphia with 74 bus routes, 6 light
rail, 3 trackless trolley, the Broad Street Subway and Market Frankford Subway-Elevated lines
Victory Division provides service within Chester, Delaware and Montgomery counties with 20 bus routes, 2 light rail lines and the Norristown High Speed Line
Frontier Division with 23 bus routes serving Bucks, Chester and Montgomery counties
Regional Rail Division consisting of an integrated commuter rail system of 13 lines serving Philadelphia, the four counties and extending to Trenton, NJ and Newark, DE
SEPTA Service Profile
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Owns and maintains 280 stations, 367 bridges, 393 miles of track and 78 substations
Provides 28,695 parking spaces
Serves a total of 13,630 bus, trolley, subway-elevated and railroad stops throughout the region
SEPTA Service Profile
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SEPTA Multi-Modal Fleet of 2,750 Vehicles
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Hybrid Bus Market-Frankford Sub/El
Light Rail
Historic Streetcar
Broad Street Subway Commuter Rail
2. FY 2010-2014Strategic Business Plan
FY 2010-2014 Strategic Business Plan
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SEPTA Board adopted the Strategic Business Plan on March 26, 2009
Seven Strategic ObjectivesCustomer Service SustainabilityRidership Growth Safety & SecurityNew TechnologiesRebuilding the SystemHuman Capital Development
FY 2010-2014 Strategic Business Plan
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Strategic Objective Focus
Metric #1 Metric #2
Customer Service Achieve system-wide on-time performance at 90%
Increase commendations by 20% per year
Human Capital Development
Achieve increased training attendance of 5% per year
Reduce turnover rate by 10% for front-line employees
New TechnologiesIntroduce 1 new technology initiative per year for operational efficiencies
Achieve 90% of major deadlines within 90 days relating to new payment system
Rebuilding the System Achieve 80% of all major deadlines within 90 days of goal
Introduce 5 new green technologies per year
Ridership Growth for Transit Achieve 1% growth per year
Introduce 1 new major service initiative per year to serve new markets
Safety & SecurityReduce accidents for customers and employees by 5% per year
Increase customer satisfaction level relating to safety & security perception by 10%
Sustainability Reduce carbon footprint by 5%Achieve 90% of major project deadlines within 90 days relating to transit-oriented development
3. Fiscal Year 2012 Operating Budget
SEPTA FY 2012 Operating Budget
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Required by State law to adopt a balanced budget
Operating funds come from two sources:
59% from federal, state and local subsidies
41% from revenue (primarily farebox)
Balanced budgets for twelve consecutive years
SEPTA FY 2012 Operating Budget
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FY 10 FY 11 FY 12 FY 12 versus
Amounts in thousands ('000) Actual Actual Budget FY 11
REVENUEPassenger Revenue 394,441$ 437,953$ 439,707$ 1,754$ Shared Ride Program 20,226 20,130 20,114 (16) Investment Income 1,492 2,495 1,100 (1,395) Other Income 29,689 30,703 32,000 1,297
TOTAL OPERATING REVENUE 445,848$ 491,281$ 492,921$ 1,640$ EXPENSES
Labor and Fringe Benefits 791,530$ 824,343$ 861,743$ 37,400$ Materials and Services 218,748 214,388 215,910 1,522 Injuries & Damage Claims 46,251 50,085 45,731 (4,354) Propulsion Power 32,560 35,256 37,515 2,259 Fuel 38,182 39,860 43,843 3,983 Vehicle and Facility Rentals 2,201 2,443 2,324 (119)
OPERATING EXPENSE 1,129,472$ 1,166,375$ 1,207,066$ 40,691$ Depreciation/Contributed Capital 18,282$ 18,176$ 22,552$ 4,376$
TOTAL EXPENSES 1,147,754$ 1,184,551$ 1,229,618$ 45,067$
DEFICIT BEFORE SUBSIDY (701,906)$ (693,270)$ (736,697)$ (43,427)$ OPERATING SUBSIDY
Federal 39,494$ 67,874$ 77,782$ 9,908$ State 580,689 543,717 573,811 30,094 Local 79,241 78,780 81,904 3,124 Other 2,970 3,221 3,200 (21)
TOTAL SUBSIDY 702,394$ 693,592$ 736,697$ 43,105$ SURPLUS/(DEFICIT) 488$ 322$ -$ (322)$
SEPTA FY 2012 Operating Budget
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Total Expenses: $1.230 billion
SEPTA FY 2012 Operating Budget
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Total Operating Subsidies: $737 million
SEPTA FY 2012 Operating Budget
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Total Operating Revenue: $493 million
4. Fiscal Year 2012 Capital Budget
SEPTA FY 2012 Capital Budget
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•Guided by strategic business plan objectives
