transportation: san francisco capital planning · 2020. 3. 5. · sgr 227.8 246.9 211.0 274.6 244.2...
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Capital Planning
March 3,2020
San Francisco Municipal Transportation AgencyCommittee Update
Transportation: San Francisco
General Obligation Bond Oversight CommitteeMarch 16,2020
City and County of San Francisco 10-Year Capital Plan Update2014 Transportation and Road Improvement GO Bond UpdateSFMTA 5-Year Capital Improvement Program
Capital Planning
March 3,2020
San Francisco Municipal Transportation AgencyCommittee Update
Transportation: System NeedsUpdateSystem Management UpdateSystem Improvement UpdateSystem Financial Update
Capital Planning
March 3,2020
San Francisco Municipal Transportation AgencyCommittee Update
Transportation: System NeedsUpdate
• SFMTA 20-Year Capital Plan Update• CCSF 10-Year Capital Plan Update
Transportation: San Francisco
SFMTA 20-Year Capital Plan
4
Needs Management Improvement Financial
The San Francisco Municipal Transportation Agency’s (SFMTA) 20-year Capital Plan is a need-based assessment of the SFMTA’s anticipated capital needs for the upcoming 20 years.
• It is a financially unconstrained plan and includes capital needs for which funding has not yet been committed
• The purpose of the Capital Plan is to identify all of the potential capital investment needs to achieve the City’s transportation goals
Transportation: San Francisco
SFMTA 20-Year Capital Plan
5
Needs Management Improvement Financial
Transportation: San Francisco
SFMTA 20-Year Capital Plan
6
Needs Management Improvement Financial
SFMTA 20-Year Capital Plan needs for the transportation system grew by $8.9 billion between 2017 and 2019.
$21.9 B2017
$30.7 B2019
Transportation: San Francisco
SFMTA 20-Year Capital Plan
7
Needs Management Improvement Financial
• Increased investment needs in Streets to achieve Vision Zero safety goals.
• Increased investment in Fleet and Facility to support transition to an all-battery-electric fleet.
• Revised cost estimates in the Traffic Signals & Signs to better account for the total cost of the work.
• Investments in the Streets and Facility Program needed to better regulate emerging mobility.
• Increased investment needs in Transit Fixed Guideway to maintain the system in a state of good repair.
• Increased investment needs in Transit Optimization & Expansion include the next step in the Muni Forward program, building on current efforts to improve travel
time and reliability.
Vision Zero
Electric Bus Fleet Transition
Updating Costs based on Actuals
State of Good Repair
Next Generation of Muni Forward
Why the increase from 2017 to 2019?
Transportation: San Francisco
SFMTA 20-Year Capital Plan
8
Needs Management Improvement Financial
PROGRAM
2017 Total Capital Needs (constant 2017 dollars, rounded)
Percent of 2017Capital Needs
2019 Total Capital Needs (constant 2019 dollars, rounded)
Percent of 2019Capital Needs
Percent Change from 2017
Communications &Information Technology $237 M 1.1 % $218 M 0.7 % -8.1 %
Facility $3,490 M 15.9 % $4,599 M 14.9 % 31.8 %
Fleet $4,540 M 20.7 % $5,419 M 17.6 % 19.4 %
Parking $671 M 3.1 % $681 M 2.2 % 1.4 %
Security $545 M 2.5 % $557 M 1.8 % 2.2 %
Streets $2,456 M 11.2 % $4,936 M 16.0 % 101.0 %
Taxi $65 M 0.3 % $65 M 0.2 % 0.1 %
Traffic Signals & Signs $576 M 2.6 % $1,488 M 4.8 % 158.3 %
Transit Fixed Guideway $1,310 M 6.0 % $1,755 M 5.7 % 34.0 %
Transit Optimization& Expansion $8,046 M 36.7 % $11,068 M 36.0 % 37.6 %
Total (all programs) $21,937 M $30,784 M
2019 Capital Plan Update Details:
Transportation: San Francisco 9
Needs Management Improvement Financial
PROGRAM
2017 Total Capital Needs (constant 2017 dollars, rounded)
Percent of 2017Capital Needs
2019 Total Capital Needs (constant 2019 dollars, rounded)
Percent of 2019Capital Needs
Percent Change from 2017
Communications &Information Technology $237 M 1.1 % $218 M 0.7 % -8.1 %
Facility $3,490 M 15.9 % $4,599 M 14.9 % 31.8 %
Fleet $4,540 M 20.7 % $5,419 M 17.6 % 19.4 %
Parking $671 M 3.1 % $681 M 2.2 % 1.4 %
Security $545 M 2.5 % $557 M 1.8 % 2.2 %
Streets $2,456 M 11.2 % $4,936 M 16.0 % 101.0 %
Taxi $65 M 0.3 % $65 M 0.2 % 0.1 %
Traffic Signals & Signs $576 M 2.6 % $1,488 M 4.8 % 158.3 %
Transit Fixed Guideway $1,310 M 6.0 % $1,755 M 5.7 % 34.0 %
Transit Optimization& Expansion $8,046 M 36.7 % $11,068 M 36.0 % 37.6 %
Total (all programs) $21,937 M $30,784 M
2019 Capital Plan Update Details:
SFMTA 20-Year Capital Plan
Transportation: San Francisco
CCSF-10 Year Capital Plan Update
10
Needs Management Improvement Financial
YEARLY SPENDING PLAN ($ Millions)PLANTOTAL
DEFERRED
FY 20 FY 21 FY 22 FY 23 FY 24 FY 25-29
Original 667.3 751.2 528.6 436.1 626.2 1,999.2 5,008.7 4,549.7
Updated 470.7 523.1 403.7 496.8 491.2 2,197.0 4,582.5 10,383.4
Change (196.6) (228.1) (124.9) 60.7 (135.0) 197.8 (462.6) 5,833.7
SGR 227.8 246.9 211.0 274.6 244.2 1,242.1
Non-SGR 243.0 276.2 192.7 222.3 247.0 1,246.7
With the update of the SFMTA 20-Year Capital Plan and new 5-Year Capital Improvement Program revenue estimates the 10-Year Capital Plan requires update. Revenues are revised down and transportation system needs are revised up, deferrals have increased from $4.6 billion to $10.9 billion.
Capital Planning
March 3,2020
San Francisco Municipal Transportation AgencyCommittee Update
Transportation: System Management Update
• Asset Management Program• 10-Year Asset Management Strategy• Transit Asset Management Plan• State of Good Repair Report
Transportation: San Francisco
SFMTA Asset Management Program
12
Needs Management Improvement Financial
A key objective of the SFMTA’s Asset Management Program to shift the business philosophy, advancing the SFMTA from a reactive to preventative operational environment.
Reactive Preventative
Transportation: San Francisco
SFMTA Asset Management Program
13
Needs Management Improvement Financial
Program Objective:
Asset Management connects information about the San Francisco Municipal Transportation Agency’s assets to decision making processes in order to maximize the performance, reliability and safety of the transportation system.
The result, excellent transportation choices.
Transportation: San Francisco
10-Year Asset Management Strategy
14
Needs Management Improvement Financial
Inventory
Categorize
Prioritize
Assess
Deliver
Update
Capital Asset Inventory (CAI)
Asset Hierarchy
5-Year CIP
Condition
Assessments
AssetValidation
Project Delivery
EAMS/Systems
Enable consistent and accurate capital planning and reporting
Improve data accuracy and overall integrity
Address needs in capital budgets based on the criticality to the transportation system
Determine and/or confirm the real condition of assets
Ensure systems of record are updated as assets are capitalized and maintained
Transportation: San Francisco
Transit Asset Management Plan –49 CFR 625.25
15
Needs Management Improvement Financial
Element/Requirement
Asset Inventory
Asset Condition Assessment
Analytical Process + Decision Support Tool
Investment Prioritization (Ranked List of programs and projects)
Asset Management & State of Good Repair Policy
Implementation Strategy (How to implement the TAM Plan)
Key Activities (Actions over 4 years)
Resources(Required resources for implementation)
Monitoring & Evaluation Strategy
Transportation: San Francisco
State of Good Repair Report
16
Needs Management Improvement Financial
The SFMTA has been producing an annual State of Good Repair Reportsince 2015.
• Provides an overview of the transportation system’s rehabilitation and replacement needs and invest impacts
• Outlines the state of the practice of transportation asset management
• The 2018 report was completed in June 2019
• The 2019 report is in development, and is expected to be complete in March 2020
https://www.sfmta.com/asset-management-program
Transportation: San Francisco
State of Good Repair Report –Asset Total Replacement Value (2018)
17
Needs Management Improvement Financial
$3,514
$2,781
$1,938
$1,582
$1,126
$816 $891
$517 $566
$308
$-
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
$4,000
Stations OverheadTraction Power
System
Facilities Parking & Traffic Track Light RailVehicles
Train Control &Communications
Other Systems &Vehicles
Motor CoachVehicles
Trolley CoachVehicles
2016 Replacement Value 2017 Replacement Value 2018 Replacement Value
The total replacement value of the SFMTA’s assets in 2018 is $14.04 billion, broken up into the following asset classes. In FY 2018, fleet asset data was updated, reflecting the contract and actual cost of the new Muni Fleet. Preliminary data from the 2019 analysis reflects changes due to inflation adjustments and fleet procurement.
Transportation: San Francisco
State of Good Repair Report –Asset Reporting Classification Matrix
18
Needs Management Improvement Financial
The SFMTA categorizes asset classes into Transit Service Critical (TSC) and Other SGR.
Transit Service Critical is defined as assets and systems that are essential to ensuring the safe and reliable functioning of the transit system, such as maintaining or replacing overhead wires, rail track, or transit vehicles.
Other SGR signifies investments that help to make the transportation network more efficient, and enjoyable for riders, along with maintenance of non-transit/street related assets such as pedestrian, bicycle, enforcement and administration.
Asset Class
Tra
nsi
t S
erv
ice
Cri
tica
l
1. Light Rail Vehicles 2. Motor Coach Vehicles 3. Overhead Catenary System 4. Track 5. Train Control & Communications6. Trolley Coach Vehicles7. Other Systems/Vehicles (TSC)
Oth
er
SG
R 8. Facilities 9. Parking & Traffic10. Stations 11. Other Systems/Vehicles (Other)
Transportation: San Francisco
State of Good Repair Report –TERM Modeling
19
Needs Management Improvement Financial
Transit Economics Requirement Model (TERM) Lite is a modeling tool developed by the Federal Transit Administration (FTA) used to assess the current physical condition and future investment needs of the nation’s transit assets/operators.
• The TERM model produces a condition score for each asset in the capital asset inventory based on the age and useful life of the asset.
• State of good repair analysis uses weighted condition scores based on the total replacement cost for asset condition scores.
• This creates a more accurate representation of the state of good repair of transportation system assets as it is more detrimental if a high-value asset has a low condition score than a low value asset.
• An asset is considered to be in a State of Good Repair if its score is 2.5 or higher.
Transportation: San Francisco
State of Good Repair Report –TERM Modeling
20
Needs Management Improvement Financial
The average agency TERM Score in 2018 was 3.19. Overall transportation assets remain in a state of good repair.
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2014 2018 2014 2018 2014 2018
Excellent
Good
Adequate
Marginal
Poor
All Assets TSC Other SGR
3.24 3.19 3.38 2.933.133.32
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2014 2018 2014 2018 2014 2018
Excellent
Good
Adequate
Marginal
Poor
All Assets TSC Other SGR
3.24 3.19 3.38 2.933.133.32
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2014 2018 2014 2018 2014 2018
Excellent
Good
Adequate
Marginal
Poor
All Assets TSC Other SGR
3.24 3.19 3.38 2.933.133.32
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2014 2018 2014 2018 2014 2018
Excellent
Good
Adequate
Marginal
Poor
All Assets TSC Other SGR
3.24 3.19 3.38 2.933.133.32
Transportation: San Francisco
State of Good Repair Report –Condition Score Trends
21
Needs Management Improvement Financial
Asset Class 2014 2015 2016 2017 2018 2019
Facilities 3.4 3.2 3.2 3.3 3.3
Light Rail Vehicles 3.1 3.8 3.8 3.7 3.8
Motor Coach Vehicles 3.2 3.7 3.5 3.7 3.6
Other Systems & Vehicles 3.2 3 3.1 3.1 2.6
Overhead Traction Power System 3.7 3.7 3.7 3.6 3.5
Parking & Traffic 2.8 2.8 3 2.9 2.4
Stations 3.2 3.1 3.1 3.1 3
Track 3.3 3.3 3.2 3.2 3.1
Train Control & Communications 2.9 3.7 3.6 3.5 3.4
Trolley Coach Vehicles 2.5 3.4 3.3 3.2 3.6
Total Condition Score 3.24 3.33 3.32 3.3 3.19
20
19
Data Pen
din
g
The average agency TERM Score in 2018 is 3.19. The replacement of the trolley coach fleet resulted in a significant increase in the TERM score in 2018. Other Systems & Vehicles and Traffic Signal Infrastructure were reduced in 2018 as data was updated in the Capital Asset Inventory. Condition assessments are planned for 2020.
Transportation: San Francisco
State of Good Repair Report –Estimated Backlog
22
Needs Management Improvement Financial
The transportation asset estimated backlog grew to $3.13 billion in 2018. Parking and Traffic assets represent the largest asset class in backlog at $950 million followed by Stations ($473 million), Facilities ($466 million) and Overhead ($420 million).
.
$ M
$500 M
$1000 M
$1500 M
$2000 M
$2500 M
$3000 M
$3500 M
2016$2.41 Billion
2017$2.62 Billion
2018$3.13 Billion
Transit Service Critical Other SGR
Transportation: San Francisco
State of Good Repair Report –Spending FY 2015 –FY 2018
23
Needs Management Improvement Financial
$28.54
$66.93
$9.61 $1.77 $2.71
$10.08
$61.23
$14.94
$-
$20
$40
$60
$80
$100
$120
$140
$160
$180
$200
Communication/ IT
Infastructure
Facility Fleet Parking Security Streets* Traffic / Signals Transit FixedGuideway
TransitOptimization /
Expansion
Milli
ons
FY 2015 FY 2016 FY 2017 FY 2018
$206.56
Transportation: San Francisco
State of Good Repair Report –Planned Future Needs
24
Needs Management Improvement Financial
$578 M / YearFull scheduled asset replacement,
eliminate backlog
$500 M / YearReduce backlog by 50%
$422 M / YearNo growth in backlog
$281 M / YearTransit service critical needs met
$250 M / YearSGR investment commitment
$756 M / YearFull scheduled asset replacement,
eliminate backlog
$678 M / YearReduce backlog by 50%
$600 M / YearNo growth in backlog
$401 M / YearTransit service critical needs met
$250 M / YearSGR investment commitment
Annual SGR Need ($2018) Annual SGR Need (Escalated @ 3% per year)
Transportation: San Francisco
State of Good Repair Report –Next Steps
25
Needs Management Improvement Financial
• In 2020, a condition assessment of Traffic Signal Assets will be completed, resulting in a new inventory, condition score and operational condition data.
• Additional condition assessments being initiated for Stations, Guideway, and Sustainable Streets assets.
• Integrate Asset Management data into the development of the FY 2021 – 2025 Capital Improvement Program.
• Target investments in the Capital Improvement Program that will deliver the most impact to the backlog and asset condition scores.
• Continue trend of investing a minimum of $250 million per year in the State of Good Repair of the Transportation System.
Capital Planning
March 3,2020
San Francisco Municipal Transportation AgencyCommittee Update
Transportation: System Improvement Update
• 5-Year Capital Improvement Program• Proposed FY 21 –25 CIP• 2014 Transportation & Road
Improvement GO Bond
Transportation: San Francisco
SFMTA 5-Year Capital Improvement Program
27
Needs Management Improvement Financial
The SFMTA 5-Year Capital Improvement Program is a fiscally constrained 5-year program of capital improvement and operational projects.
• An implementation plan for regional, citywide, and agency-wide strategies and policy goals
• Maintains credibility with external funding agencies (eg. MTC, FTA)
Transportation: San Francisco
SFMTA 5-Year Capital Improvement Program –CIP Programs/Descriptions
28
Needs Management Improvement Financial
Purchase and rehabilitate transit vehicles including motor coaches, trolley coaches, light rail vehicles and paratransit vans
Fleet
Plan, design, engineer and construct traffic signals and associated infrastructure to improve mobility and safety on San Francisco streets and decrease transit travel time
Signals
Plan, design, rehabilitate and construct public parking facilities or street infrastructure related to public parking
Parking
Implement systems to optimize and support the taxi system in San Francisco to provide a better rider experience and promote low-emissions taxi vehicle use
Taxi
Plan, design and implement technology infrastructure upgrades to improve the efficiency and efficacy of the SFMTA and provide a better experience for customers and Employees.
Comm & IT
Plan, design, engineer and construct infrastructure improvements to improve travel time and increase the capacity and reliability of the transit system
Transit Optimization
Plan, design, engineer and construct improvements to critical infrastructure including rail track, overhead wires, and train control technology
Fixed Guideway
Plan, design and construct or implement systems to improve the security of the transit system
Security
Acquire, develop and/or rehabilitate transit station areas and maintenance facilities usedfor transit, traffic, and parking operations.
Facilities
Plan, design, engineer and construct improvements to street safety that promote walking, bicycling, and taking transit
Streets
29
157 Projects$2.5 Billion Investment(down from $3.4 Billion in FY 2017-21 CIP)
• FY 2021-25 CIP project prioritization in progress
• Several large projects:
• Central Subway
• LRV Replacement and Expansion Acceleration
• Train Control System Upgrade
• Better Market Street
• Muni Forward
• Potrero Modernization
• Reserves proposed within each capital programStreets (e.g. Bicycle and
Pedestrian)
Transit Optimization
State of Good Repair (e.g. Fleet, Transit FG)
$-
$500,000,000
$1,000,000,000
$1,500,000,000
$2,000,000,000
$2,500,000,000
$3,000,000,000
$3,500,000,000
Proposed FY21-25 CIP
$2.5B
SFMTA 5-Year Capital Improvement Program –Proposed FY 2021-25 CIP
Needs Management Improvement Financial
30
CIP Revenue Assumptions CIP Potential Revenues
Scheduled to go on the ballot in November 2022. Not included in current revenue assumptions.
2nd $500M GO Bond
Potential re-authorization of the Proposition K sales tax is not included in current revenue assumptions.
Proposition K
Significant capacity available but has impact on operating budget: debts service payments = ~$7M annually per $100M issued at current interest rates.
Revenue Bonds
One cent sales tax potentially scheduled to go on the ballot in November 2020. Expected to generate $100.6 billion over 40 years. Not included in revenue assumptions.
Regional Measure
Conservatively included at 80% of the three-year average of awarded amounts to SFMTA.
Competitive Grants
$140M in Regional Measure 3 (RM3) is included starting in FY2020-21. RM3 Core Capacity is included at $18 million starting in FY2020-21.
Regional Measure 3
The Transportation Network Tax (Proposition D) is assumed at $62 million from FY21-25 based on available data.
Proposition D
The Federal Transit Administration (FTA) Transit Capital Priorities (TCP) is based on the Core Capacity Challenge Grant Program (CCGP) estimate.
FTA Transit Capital Priorities
The Transit and Intercity Rail Capacity Program (TIRCP) cap and trade grant is assumed at $60M in FY2024-25.
$60M TIRCP
SFMTA 5-Year Capital Improvement Program –Revenue Assumptions and Options
Needs Management Improvement Financial
31
Program FY21 FY22 FY23 FY24 FY25 Total (Current)
Facility $47,213,263 $46,840,914 $71,862,148 $28,605,580 $5,232,380 $199,754,285
Fleet $156,442,559 $156,890,576 $173,717,887 $216,730,682 $266,474,279 $969,555,983
Security $2,048,291 $2,048,291 $2,048,291 $2,048,291 $2,048,291 $10,241,455
Signals $16,174,246 $3,115,000 $7,766,560 $1,515,986 $5,411,923 $33,983,715
Streets $63,560,800 $87,374,542 $51,098,909 $51,905,539 $49,854,904 $292,664,694
Taxi $330,000 $1,192,734 $430,000 $942,734 $230,000 $3,125,468
Transit Fixed Guideway $55,490,381 $65,578,218 $67,568,868 $83,789,306 $76,152,711 $348,579,484
Transit Optimization $217,520,809 $90,940,815 $141,954,073 $71,546,123 $92,089,841 $609,077,090
Central Subway $0 $0 $0 $0 $0 $0
Communications & IT $7,535,000 $3,740,000 $1,265,000 $9,350,000 $4,400,000 $26,290,000
Parking $0 $420,000 $80,000 $0 $0 $500,000
Total SGR $273,193,639 $245,863,489 $290,583,859 $276,238,350 $279,355,331 $1,362,292,381
Total $566,315,349 $458,141,090 $517,791,736 $466,434,241 $501,894,329 $2,510,576,745
Capital Budget 5-Year CIP
SFMTA 5-Year Capital Improvement Program –Proposed FY 2021-25 CIP
Needs Management Improvement Financial
32
• Muni Forward Quick Build Program
• Vision Zero Quick Build Program
• Major Streetscape Projects – Folsom Howard Phase 1, 6th Street, Taylor Street, Hyde Street
• LRV Replacement & Expansion
• Electric Bus Procurement
• Automatic Train Control System (ATCS)
• Better Market Street
• Muni Forward – M-Oceanview TPP; K-Ingleside TPP; J-Church TPP; L Taraval, 22 Fillmore: 16th St
• Accessible Pedestrian Signals
SFMTA 5-Year Capital Improvement Program –What are we delivering?
Needs Management Improvement Financial
Transportation: San Francisco
SFMTA 5-Year Capital Improvement Program –Projects with Phase Funded
33
Needs Management Improvement Financial
• Potrero Yard Modernization Project
• Presidio Facility Reconstruction
• Folsom-Howard Bids 2/3
• Muni Forward – N-Judah TPP, Embarcadero Pocket Track, 14 Mission TPP
• Subway Mechanical Systems SGR Program
• Fire Life Safety SGR Program
• New Flyer Mid-Life Overhauls
Transportation: San Francisco
SFMTA 5-Year Capital Improvement Program –Muni Forward/Results
34
Needs Management Improvement Financial
Between 2016 –2018, ridership increased 14% on the Rapid Network.• 8 Bayshore corridor: +12%
• Mission/Van Ness corridor: +9%
• Geary corridor: +8%
• 19th Ave corridor: +19%
Travel time savings of 10% or more were realized.• Church Street: 15%
• 5R Fulton Rapid: 9-12%
• Mission: 13%
• 16th Street quick-build phase: 10%
• Potrero: 20%
• Two-Way Haight: Over 20%
• Sansome: Over 20%
Transportation: San Francisco
SFMTA 5-Year Capital Improvement Program –Vision Zero/Results
35
Needs Management Improvement Financial
Capital Planning
March 3,2020
San Francisco Municipal Transportation AgencyCommittee Update
Transportation: System Improvement Update
• 2014 Transportation & Road
• 3rd Issuance Amount: $140 million• Number of Projects: 7
Improvement GO Bond -3rd Issuance
Transportation: San Francisco
2014 Transportation and Road Improvement General Obligation Bond
37
Needs Management Improvement Financial
As part of Transportation 2030 a $500M G.O. bond for transportationincluded in 2014-2023 Capital Plan
• The Bond passed in November 2014with nearly 72% of the vote
• Amount Issued To Date: $248.6M
• Next Planned Issuance: up to $140M
• Planned Issuance Date: Spring 2020
Capital Planning
March 3,2020
San Francisco Municipal Transportation AgencyCommittee Update
Lessons Learned: • Fewer projects• Larger amounts per project• Active or nearing construction
Capital Planning
March 3,2020
San Francisco Municipal Transportation AgencyCommittee Update
3rd Issuance Projects
1. L-Taraval Muni Forward – $26,000,000
2. 22-Fillmore Muni Forward – $25,000,000
3. BART Canopies – $21,120,000
4. Taylor Safer Street – $20,192,170
5. 19th Avenue – $18,100,000
6. Caltrain Electrification – $11,220,000
7. Western Addition Signals – $7,693,259
8. Program Contingency – $4,974,571
Cost of Issuance /Fees– $5,800,000 (est.)
Total – $140,000,000
Sources and Uses
Estimated SourcesPar Amount: $136,090,000
Estimated Uses: $136,090,000Project Fund Deposits: $134,568,600
• Project Fund: $134,300,000• CSA Audit Fee: $268,600
Cost of Issuance: $700,000• Additional Proceeds: $4,860
Underwriter’s Discount: $680,450CGOBOC Fee: $136,090
Reserve for Market Uncertainty: $4,010,000
Maximum Not to Exceed: $140,000,000
Transportation: San Francisco
2014 Transportation and Road Improvement Program
40
Total Bond(in millions)
Already Issued Proposed3rd Issuance
Amount
Estimated 4th
Issuance Amount
Imp
rov
ed
Tra
nsi
t
Faster, More Reliable Transit $191 $73.2 $69.1 $42
Accessibility Improvements $30 $3 $21.1 $5
Muni Facility Upgrades $70 $66.7 $0 $0
Major Transit CorridorImprovements
$28 $27 $0 $0
Caltrain Upgrades $39 $27.8 $11.2 $0
Sa
fer
Str
ee
ts Pedestrian Safety Improvements $68 $30.3 $27.9 $7
Traffic Signal Improvements $22 $6 $0 $12
Complete Streets Improvements $52 $4.6 $0 $42
Estimated Cost of Issuance andFees and Contingency
$9.9 $10.7 $3.1
Total $500 $248.6 $140 $111
Program Summary
Needs Management Improvement Financial
Transportation: San Francisco
Outcomes: Improved Transit
41
• Improving reliability: Over 60 miles of reliability improvements, including transit-only lanes, bus bulbs and traffic signal priority
• Creating a Rapid Network: More Rapid bus lines and expanded frequency serving nearly 70% of all Muni customers
• More Service: Multiple service increases with better connections since 2015
• Muni Service Equity Strategy: A focus on improving service in Equity Strategy neighborhoods
• New Fleet: All new bus and rail vehicles; deployment of larger Muni vehicles
Needs Management Improvement Financial
Transportation: San Francisco 42
5 Rapid / 5 Fulton Service
• Route restructuring and optimizing of bus stop locations, addition of 60-ft buses from 40 ft buses
• Safety improvements, including pedestrian bulbs, pedestrian countdown signals and improved crosswalk markings
• Traffic modifications with right turn pockets, replacement of all-way stop-controlled intersections with traffic signals, and installation of a traffic circle
Key Highlights:
• 60% increase in ridership from 14,000 in 2009 to 21,000 daily passengers in 2019
• Reduced collision rate by almost 40% on the route
• Faster travel: Time savings of 9-12% on 5 Rapid
Outcomes: Improved Transit
Needs Management Improvement Financial
Transportation: San Francisco
Outcomes: Improved Transit
43
9 Rapid / 9 San Bruno Project
• Travel time improvements with transit signal priority and stop consolidation/optimization
• Safety improvements including installation of transit islands and transit bulbs
Key Highlights:
• 40% increase in ridership since 2009
• Advances SFMTA’s Muni Service Equity Strategy, especially for residents of Visitation Valley, who rely heavily on this route
• 9 Rapid runs every 8 mins instead of every 12 mins
• 9 Rapid extended to cover all existing local stops in Visitation Valley
Needs Management Improvement Financial
Transportation: San Francisco
Outcomes: Improved Transit
44
1 / 1AX / 1BX California
• Transit improvements: traffic signal priority and stop optimization/consolidation
• Safety improvements include installation of transit islands and transit bulbs
Key Highlights:
• Improves Muni travel time and increases daytime weekend service for over 30,000 daily riders
• Supports California Laurel Village Improvement Project to improve safety, provide a more attractive pedestrian environment; and reinforce the neighborhood identity of the Laurel Village Shopping Center
Needs Management Improvement Financial
Transportation: San Francisco
Outcomes: Improved Transit
45
10 Townsend Bus Line
• Installation of new contra-flow lane for transit, bicyclists and commercial vehicles
• Upgrade of traffic signals to transit signal priority
• Safety improvements include daylighting corners, upgrading crosswalks, and adding curb ramps
Key Highlights:
• Average savings of 3 minutes of travel time with more direct route
• Service expansion from early evening to midnight
Needs Management Improvement Financial
Transportation: San Francisco
Outcomes: Safer Streets
46
• Over $300 million in infrastructure upgrades to support Vision Zero
• Protect people walking with targeted safety improvements, includes the 13% of streets where 75% of fatal injuries occur
• Build bicycle network upgrades; creating a safer, more well-defined bicycle network to reduce conflict and improve safety for all users
Vision Zero’s goal is to eliminate all traffic deaths and reduce severe and fatal injuries in San Francisco by 2024.
Bike lanes increase the safety of bikers while helping the flow of traffic, causing fewer collisions.
Needs Management Improvement Financial
Transportation: San Francisco
Traffic Fatalities – San Francisco: 2019 & 5-year Averages
Outcomes: Safer Streets
Vision Zero High Injury Network 2017.
Needs Management Improvement Financial
Transportation: San Francisco
Outcomes: Safer Streets
7th & 8th St South of Folsom Streetscape Project
• Bicycle and pedestrian improvements along 7th and 8th Streets between Harrison Street and Market Street
• Aligned with the Eastern Neighborhoods Transportation Implementation Planning Study
• Includes a new concrete buffered bike lane, concrete boarding islands, sidewalk bulbs, new striping, and safe hit posts
Pedestrian Countdown Signals (PCS) Added on High Injury Corridors
• PCS added to 15 High Injury Corridor locations including California/Jones and California/ Leavenworth
• PCS allow people to determine if they have enough time to safely cross or if they should wait for the next cycle
Needs Management Improvement Financial
Transportation: San Francisco
Outcomes: Safer Streets
Potrero Avenue Roadway Improvements
• Installation of audible pedestrian signals at 12 intersections on Potrero Avenue between 17th Street and 25th Street
8th & Market Street Transit Boarding Island
• Introduced a Class IV bikeway to one of the busiest cycling intersections in the city –at 8th, Market, Hyde, and Grove Streets – to separate bicyclists from transit
• Includes two-stage turn boxes, green pavement parking, and a safer transit boarding design
• Connects to an existing buffered bicycle lane on 8th Street
Needs Management Improvement Financial
Transportation: San Francisco
Outcomes: Safer Streets
50
• New or improved signals at more than 28 high-injury network intersections
• Curb bulbs at 19 high-injury network intersections
• Construction of Geary Boulevard Pedestrian Improvements
• Additional pedestrian safety improvements coordinated with Muni Forward
For Geary Boulevard Pedestrian Improvements, the Steiner pedestrian overcrossing isproposed for removal to make way for aneasier crossing at street level.
Construction of a traffic signal on Jessie and 6th
Streets.
Needs Management Improvement Financial
Transportation: San Francisco
Update –1st Issuance and 2ndIssuance
51
• The 1st Bond Issuance is currently 97% expended and expected to be fully expended by mid-calendar year 2020.
• The 2nd Bond Issuance is currently 65% expended and expected to be fully expended by end of calendar year 2021.
Needs Management Improvement Financial
Transportation: San Francisco
Update –1st Issuance
52
Needs Management Improvement Financial
Muni Forward RapidNetwork
Improvements
Muni FacitlityUpgrades
Pedestrian SafetyImprovements
Caltrain UpgradesMajor Transit
CorridorImprovements
Balance $- $2,551,424 $291,565 $- $1,482
Encumbered $8,859 $134,650 $10,842 $28,030 $-
Expended $22,980,422 $23,513,927 $3,778,335 $7,311,970 $5,498,518
$-
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
$30,000,000
Expended Encumbered Balance
1st Bond Issuance Expenditures
Transportation: San Francisco
Update –1st Issuance
53
1st Bond Issuance Expenditures
Needs Management Improvement Financial
$39,768,945
$44,777,036
$56,371,079
$58,165,370
$60,589,492 $62,670,614 $63,624,386
$63,301,922
$-
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
$70,000,000
12/1/2017 3/1/2018 6/1/2018 9/1/2018 12/1/2018 3/1/2019 6/1/2019 9/1/2019
Transportation: San Francisco
Update –2nd Issuance
54
2nd Bond Issuance Expenditures
Needs Management Improvement Financial
Muni Forward RapidNetwork
Improvements
Muni FacitlityUpgrades
Pedestrian SafetyImprovements
Caltrain UpgradesMajor Transit
CorridorImprovements
Balance $13,959,809 $5,130,806 $9,660,277 $- $1,375,024
Encumbered $6,012,630 $3,752,469 $4,866,066 $235,227 $6,828,816
Expended $29,616,332 $32,639,068 $10,922,182 $19,784,773 $13,385,098
$-
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
Expended Encumbered Balance
Transportation: San Francisco
Update –2nd Issuance
55
2nd Bond Issuance Expenditures and Projections
Needs Management Improvement Financial
$29,246
$13,449,008
$21,097,398
$36,556,066
$53,759,799
$83,550,219
$91,431,532
$107,071,572
$112,804,032
$138,927,584
$147,191,626
$152,640,533
$157,107,657
$159,519,227
$168,653,343
$-
$20,000,000
$40,000,000
$60,000,000
$80,000,000
$100,000,000
$120,000,000
$140,000,000
$160,000,000
$180,000,000
9/1/2018 12/1/2018 3/1/2019 6/1/2019 9/1/2019 12/1/2019 3/1/2020 6/1/2020 9/1/2020 12/1/2020 3/1/2021 6/1/2021 9/1/2021 12/1/2021 3/1/2022
Transportation: San Francisco
Update –3rd Issuance
56
3rd Bond Issuance Projections
Needs Management Improvement Financial
$4,420,000
$19,725,000
$38,130,000
$61,935,000
$86,841,813
$103,409,643
$114,709,643
$121,709,643
$128,209,643 $134,300,000
$-
$20,000,000
$40,000,000
$60,000,000
$80,000,000
$100,000,000
$120,000,000
$140,000,000
$160,000,000
6/1/2020 9/1/2020 12/1/2020 3/1/2021 6/1/2021 9/1/2021 12/1/2021 3/1/2022 6/1/2022 9/1/2022
Transportation: San Francisco 57
Faster, More Reliable Transit $69.1 m
$18.1 million – 19th Avenue• Improve reliability, travel times and
pedestrian safety of the 28 and 28 Rapid. Implementing various enhancements throughout the corridor.
$25 million – 22 Fillmore • Transform the 16th Street corridor by
improving transit reliability, travel time, safety, and accessibility for all users.
$26 million – L Taraval• Replace track, Overhead Catenary System
wires, trolley wire and trolley poles and provide safety and pedestrian enhancements along the corridor.
3rdIssuance Projects
Needs Management Improvement Financial
Passengers exit an L-Taraval Muni train at Taraval Street and 30th Avenue in Parkside..
Transportation: San Francisco
Pedestrian Safety Improvements $27.9 m
$7.7 million – Western Addition Area-Traffic Signal Upgrades
• Build pedestrian countdown signals (PCS) and/or signal visibility improvements at 24 intersections.
• Build pedestrian-activated flashing beacons at 9 intersections in the Western Addition area.
$20.2 million – Taylor Safer Streets• Design and construct a new Taylor Street that
meets the city's Vision Zero goals of ending traffic fatalities for all road users.
• Widen sidewalks from Turk to Ellis, reduce travel lanes from Market to Sutter, and upgrade signals in addition to other pedestrian safety improvements along the corridor.
Conceptual design of Taylor Safer Streets intersection.
58
Needs Management Improvement Financial
3rd Issuance Projects
Example Traffic Signal Visibility Improvement that will be created for Western Addition.
Transportation: San Francisco 59
Accessibility Improvements $21.1 mCaltrain Upgrades $11.2 m
$21.1 million - BART Canopies
• Part of larger BART’s Escalator Renovation and Canopy Program.
• Canopies will include a digital display to show train arrival times, new security grille, new LED lighting, security cameras, and other improvements.
• Canopies will protect the escalators from the elements, to help limit breakdowns.
$11.2 million - Caltrain Electrification• Funds the electrification at the northern terminal
of the Caltrain Corridor starting at San Francisco’s 4th and King Caltrain Station
• Improves safety and service to the public
3rdIssuance Projects
BART canopy at Powell Station on Market Street.
Needs Management Improvement Financial
The current diesel trains will be replaced by electric multiple units (EMUs).
Transportation: San Francisco
Transportation and Road Improvement Bond Program Schedules (Transit)
60
FY 19/20 FY 20/21 FY 21/22 FY 22/23
Program/Project Name Third Issuance Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Faster, More Reliable Transit (Muni Forward)
*19th Avenue $ 18,100,000
*22-Fillmore Muni Forward $ 25,000,000
*L-Taraval Muni Forward $ 26,000,000
*Caltrain Electrification – San Francisco contribution $ 11,220,000
Accessibility Improvements
*BART Canopies $ 21,120,000
Muni Facilities
*Taylor Safer-Street $ 20,192,170
*Western Addition Signals $ 7,693,259
Planning Design, Bid & Award Construction
Needs Management Improvement Financial
Capital Planning
March 3,2020
San Francisco Municipal Transportation AgencyCommittee Update
Transportation: System Financial Update
• Addressing the Need• Future Revenue Measures
Transportation: San Francisco
Summary Needs
62
Needs Management Improvement Financial
SFMTA 20-Year Capital Plan: $30.7 billion needs
CCSF 10-Year Capital Plan: $10.9 billion deferred needs
2018 SGR Backlog: $ 3.3 billion backlog
State of Good Repair: $756 million/annualeliminate backlog
$600 million/annualreduce backlog 50%
63
2014 Proposition AGeneral Obligation Bond
Passed – 71.9% yes$500 million/one-time
2014 Proposition BGeneral Fund Population Baseline
Passed – 61.4% yes$23 million/annually (est. at time)
Vehicle License FeeIncrease by 2% - Not PursuedEstimate: $73 million/annually
2016 Proposition J/K3/4 cent Sales Tax
Prop J Dedication: Passed – 67.2% yesProp K Tax: Failed - 65.3% no
$101.6 million/annually
2018 Proposition DRide Hailing Tax
Passed – 67.7% yes$15 million Transit/annually
$15 million Vision Zero/annually
Congestion Pricing$80 million/annually (Estimated)
Proposition K Sales Tax Reauthorization$100 million/annually (Post 2034)
Voter approval of a new 30-year expenditure plan for the existing Proposition K ½ Transportation Sales Tax
+ ¼ Cent Sales Tax$51 million/annually (Estimated)
General Obligation Bond$500 million/one time (June 2022)
Community Benefit DistrictVaries Depending on District
Federal and State GrantsFTA Capital Investment Grant Program: $200 million/one-time
State Transit and Intercity Rail Capital Program: $120 million/one-time
Other opportunities:
63
Transportation Task Forces –Revenue Measures/Past and Proposed Future
Needs Management Improvement Financial
Capital Planning
March 3,2020
San Francisco Municipal Transportation AgencyCommittee Update
Thank you.