asset management tool

www.drpt.virginia.gov

Asset Management Tool

Terry Brown

Public Transportation Programs Administrator

Overview

Topics

→Brief History of PROGGRES

→Walk Thru of PROGGRES

→Discussion of Future Enhancements

State Match - Capital

State Share of Non-Federal Capital Expenses

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

2004 2005 2006 2007 2008 2009 2010 2011 2012

Fiscal Year

Actual State Share of Non-federal Cost

Target State Match for Rolling Stock

General Asset Needs

Filter Options

Rolling Stock Needs

Transit and TDM Investment Themes

Four themes for evaluating investment scenarios – Transit State of Good Repair (SGR)– Transit Capacity Enhancements– TDM Capacity Enhancements– Transit Major Capital Projects

Low Investment– Addresses SGR for existing vehicles– Maintains existing service levels plus TDP commitments, escalates costs for inflation

(3%) – Assumes Major Capital Projects currently under development

Moderate Investment– Addresses SGR for existing and future growth vehicles– Increases service levels

• TDPs through 2018• Service level growth consistent with area population growth 2019 through 2040

– Assumes Lower Level of Major Capital Project Investment

High Investment– Addresses SGR for existing and future growth vehicles– Increases service levels

• Moderate Growth plus – 3% service hour growth / year – Top quartile performers– 2% service hour growth / year – 2nd quartile performers

– Assumes High Level of Major Capital Project Investment

Transit Investment Scenarios

Investment Scenario

Funding Needs/Revenues Capital Funds

(Millions YOE$)

O&M Funds

(Millions YOE$)

Transit TDM

Low

Investment

Total Funding Needs $15,892 $43,668 $739

Moderate Investment

Total Funding Needs $42,515 $61,293 $897

High

Investment

Total Funding Needs $55,028 $67,606 $1,637

Transit and TDM Investment Scenarios

Tiering of Capital Projects

TSDAC is charged with recommending funding tiers within the capital program

For the past four years, DRPT has had two tiers:– 80% for replacement rolling stock– 50-60% for all other capital

Possible tiers for fy15 funding:– Replacement rolling stock / other maintenance – Expansion rolling stock– Bus Stops / Facilities– Other capital