Group Members: Tatiana Alves, Armando Rodriguez, Beth Helto

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Group Members Tatiana Alves, Armando Rodriguez,
Beth Helton, Ramsekhar Manchikalapati, Tarirai
Gerald Isaac Chivore, Nauman Ansari
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MISSION STATEMENT

• Committed to excellence, the MBTA strives to
  provide safe, accessible, dependable, clean and
  affordable transportation to our valued customers
  through the dedication of our diverse and
  talented workforce.
• Number of Employees 6,409
• Number of Riders a Day 1.1 Mil
• Annual Budget (05) 1.225 Bn
• 5th Largest in the US

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Competition and Transportation Alternatives

• Primary competition from private transportation
  providers
• Taxis
• Water taxis
• Town car and limousine services
• Amtrak Trains
• Greyhound Bus Lines
• Other transportation alternatives
• Walking
• Private car ownership
• MBTA operates in conjunction with
• MassPort (airports, bridges and ports throughout
  MA and the greater Boston metro area)
• Massachuettes Turnpike Authority (the Big Dig
  in Boston, connection to the state and country
  via highways)

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CAPITAL PHYSICAL ASSETS (as of 6-30-04)

• Capital Assets 7.115 Bn
• Stations 729
• Rail 271
• Buses 458 (only 235 MBTA owned)
• Units 2159
• Rail cars 614
• Buses 971
• Commuter Rail 457
• Vans, Other 117
• Miles of Rail 1305

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Financial Overview MBTA (FY 2005)

• Revenues 1.235 Bn
• Operating 384.9 Mil
• Non-Operating 7.5 Mil
• Dedicated Sources 826.4 Mil
• Expenses 1.225 Bn
• Operating 836.2 Mil
• Debt Service 339 Mil
• Net Surplus 4.2 Mil
• After 5.8 Mil (Capital Maintenance Fund)

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REVENUES FROM MAJOR SOURCES (FY04)

• 58 RECEIPT FROM STATE SOURCES (subsidy)
• 12 FROM LOCAL GOVERNMENTS (Service Fee Paid by
  175 cities serviced by the MBTA System)
• 25 FARE REVENUES

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Major Costs (as of 06/04)

• Operating ()
• Wages (42) 312,386,000
• Medical Insurance 89,363,000
• Pensions 38,645,000
• Total 481,635,000
• Non-operating ()
• Depreciation/Amortization 249,087,000
• Materials/Supplies/Services 136,045,000
• Subsidy Expenses 19,613,000
• Total 655,765,000

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FINANCIAL ISSUES FORWARD

• CAPITAL INVESTMENT PROGRAM (CIP) Established May
  2004
• 5 YEAR CAPITAL BUDGET 2.394 Bn.
• Funded primarily by Revenue Bonds Pay As You Go
  Capital Federal Grants Project Financing
• Programmatic Areas
• Reinvestment infrastructure access improvement
  Enhance existing services system expansion
• Modes of Service by the Authority
• Subway commuter rail silver line Bus
  Statewide efforts (other)

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CAPITAL INVESTMENT PROGRAM (Cont)
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Weekly NY Transportation Usage
Note on Fares MBTA operates on a sliding scale,
where fare is determined by distance traveled and
prices range from 0.25 to 6.00 per ride. MTA
(NY) operates on either a sliding or flat fare,
depending on the mode of transportation.
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The End

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