New York Public Transportation Association (NYPTA)Multi-Year Transportation Plan Preliminary PositionsJune 2009

Issue #1: Restructure the multi-year transportation plan framework Create a public transportation plan with MTA and non-MTA components and a NYSDOT plan Align the multi-year plans with their dedicated transportation funding sources

Advantages to Creating a Public Transportation PlanBroader view of public transportation capital and operating issues statewide More focused review of projected revenues including potential new revenuesAll NYS transit systems are linked by their common dedicated funding sourcesInter-system cooperation growing, particularly downstate

Issue #2: Public Transportation Plan should be a capital and operating planPublic transit requires steady, predictable operating assistance for capital assets to be used effectively to provide transit serviceObtaining new assets or maintaining existing assets in a state of good repair is pointless without the resources to deploy them

The most expensive thing on the bus

Issue #3: Providing for a fair and equitable STOA allocationNYPTA will participate in a joint effort with the State to develop a new STOA allocation methodology Distribution of STOA must be fair and equitable and based upon objective and measurable criteriaRetain expert consultant to develop NYPTA proposal for State consideration

Issue #4: DHBTF and MTA debt serviceCreate a debt management entity empowered to manage and pay debt service on transportation bondsUse broad-based general revenues such as personal income tax and sales and use tax in lieu of dedicated transportation revenuesFree up transportation revenues for PAYGO

DHBTF Debt Service

MTA Debt Service

Advantages to debt management entityA “circuit breaker” that stops the upward debt service spiral at both the MTA and within DHBTFAllows DHBTF and the MTA to “restart” their capital programs without the ongoing debt service burden The General Fund is currently subsidizing the DHBTF’s debt service

Issue #5: Added revenue for transportation capital and operating plansTransportation capital and operating needs greatly exceed available revenues over the next five yearsWide range of revenue options should be considered Eliminate MMTOA and PTOA in favor of a single fund to provide STOA statewide

Revenue options10% PBT surcharge - $110MM8 cent/gallon gas tax increase - $525MMDedicate fuel sales tax to transportation - $525MMExtend .375% MCTD sales tax statewide - $350MMRemoving 8 cent/gallon cap on the state sales tax on gasoline and diesel fuel - ??Mortgage recording tax - ??Potential for added $425MM for DMTTF and $360MM for MTOAF

Issue #6: Make demonstrable progress toward meeting 20 year needs MTA capital needs exceed $25BB for replacement, state of good repair and system expansionNon-MTA capital needs exceed $2.3BB - $1.1BB available from federal surface transportation and stimulus funding; $130MM from local matchHistorically, non-MTA program about $285MM - $725MM funding gap

STOA history and needs2005 $1,779,557,000 --2006 $2,136,275,000 +17%2007 $2,539,089,000 +19%2008 $2,842,985,000 +12%2009 $2,964,441,000 +4%2010 $2,698,797,000 -9%2011-2015 ?????

NYPTA Summary PositionRestructure transportation plan framework to unify public transportation and align with fund sourcesPublic Transportation Plan a capital and STOA plan recognizing that transit assets must be operatedProvide for a fair, equitable and transparent STOA allocation based upon objective criteria Address DHBTF and MTA debt service as a means of “restarting” capital plansIdentify added revenue for transportation capital and operating plansMake demonstrable progress toward meeting 20 year capital needs and stabilizing STOA