CAPITAL INVESTMENT PROGRAM (CIP) Brenda Walker Manager, Capital Asset Management Program Transportation Planning and Development (TPD) Division

Transcription

1 (CIP) Brenda Walker Manager, Capital Asset Management Program Transportation Planning and Development (TPD) Division September 24, 2007

2 WHAT IS THE VALUE OF MTA S CAPITAL ASSETS? CAPITAL INVESTMENT PLAN VS CAPITAL IMPROVEMENT PLAN 1

3 THE CORE SFMTA CIP (5-Year) SHORT RANGE TRANSIT PLAN (20-Year CIP) MTA STRATEGIC PLAN & CAPITAL ASSET PLANS CCSF CIP (10-Year) REGIONAL TRANSPORTATION PLAN (25-Year CIP) CENTRAL SUBWAY NEWS STARTS (30-Year Capital Finance Plan) CAPITAL ASSET MANAGEMENT PLAN (40-Year Horizon Plan) 2

4 SFMTA CIP SFMTA 5-YEAR CIP PERIOD: FY YEAR CIP TOTAL MTAB approved May 2007 BOS approved August 2007 Muni and DPT capital assets Annual review and approvals: Capital plan Annual Capital budget $2.2 $3.9 EXP REV Unconstrained Expenditures and realistic Revenue projections Administered by MTA Transportation Planning and Development (TPD) Division In Billions 3

5 SAN FRANCISCO CITY-WIDE CIP CCSF 10-YEAR CIP PERIOD: FY YEAR CIP TOTAL CPC reviewed February 2007 BOS approved March 2007 MTA to review updated CIP in January 2008 Muni and DPT capital assets Annual review and approval: Capital plan $5.3 $6.8 EXP REV Unconstrained Expenditures and Realistic Revenue Projections In Billions Administered by MTA TPD Division 4

6 SHORT RANGE TRANSIT PLAN (SRTP) SRTP 20-YEAR CIP PERIOD: FY YEAR CIP TOTAL MTAB to approve updated SRTP in October 2007 MTC to approve updated SRTP in October 2007 Muni capital assets only Biennial review and approvals: Capital plan Operations plan $9.2 $18.3 EXP REV Unconstrained Expenditures and realistic Revenue projections Administered by MTC and MTA TPD Division In Billions 5

7 REGIONAL TRANSPORTATION PLAN (RTP) RTP 25-YEAR CIP PERIOD: FY YEAR CIP TOTAL MTA to approve updated RTP in October 2007 MTC to approve updated RTP in December 2007 Muni capital assets only Biennial review and approvals: Capital plan Operations plan $14.7 $19.8 EXP REV Unconstrained Expenditures and realistic Revenue projections Administered by MTC and MTA TPD Division In Billions 6

8 CENTRAL SUBWAY NEW STARTS (CS NS) CS NS 30-YEAR CFP PERIOD: FY YEAR CFP TOTAL Submitted to FTA in September 2007 Muni and DPT Assets Grant Application review and approvals: Capital plan Operations plan Project Plan $16.5 $17.6 EXP REV Constrained Expenditures and realistic Revenue projections Administered by FTA and MTA TPD Division In Billions 7

9 CAPITAL ASSET MANAGEMENT PLAN (CAP) CAP 40-YEAR CIP PERIOD: FY YEAR CIP TOTAL Mandated by FTA/MTC RTICI Estimated 1-2 Years to develop Muni and DPT Assets (Life Cycle Data) Three-Phased Program Program Evaluation/Implementation Inventory/Condition Assessment/ITS Asset Valuation/Reporting Project Prioritization Process Unconstrained Expenditures and realistic Revenue projections $27.4 $ In Billions EXP REV Administered by MTC and MTA TPD Division 8

10 Big Picture Capital Investment Program MTA Strategic Plan Capital Asset Plan Capital Asset Management ( Year Plans) Short Term and Long Term Capital Plans Capital Planning, Capital Budgeting, & Capital Finance Inventory & Asset Condition Assessments Project Prioritization Process Asset Valuation/Reporting BENEFITS Increased Funding Opportunities Informed Executive Decisions Improved Capital Planning & Budgeting Increased Value to Financial Portfolio Life Cycle Data/Reporting Unconstrained Capital Plans 9

11 Complete the SRTP Complete the RTP CAPITAL INVESTMENT PROGRAM NEXT STEPS Continue the Development of the Capital Asset Program Start the Annual review and approval process for the 5- Year and 10-Year CIPs for FY Begin the assessment of the Parking Authority Capital Assets (Garages, Parking Lots, etc.) Continue the launch of the Central Subway project 10

12 QUESTIONS Brenda Walker Manager, Capital Asset Management Program Transportation Planning and Development (TPD) Division September 24, 2007