asset management tool
DESCRIPTION
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. General Asset Needs. Filter Options. Rolling Stock Needs. - PowerPoint PPT PresentationTRANSCRIPT
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