SFMTA Receives $116 Million Award from CalSTA

SFMTA Receives $116 Million Award from CalSTA
By

Two Light Rail Vehicles at a Station Platform

A Snapshot from our most recent round of service changes

Back in June, we published a blog about the loss of Proposition A, the Muni Reliability and Street Safety Bond, and what it would mean for our infrastructure projects going forward.

In the post, we reaffirmed our commitment to find alternative sources for these funds. We know that improving Muni and making streets safer remain priorities for our community—and we’re dedicated to making that a reality. We’ve also committed to being transparent about our financial situation and budget, and we have good news to share on that front.

Last week, the California State Transportation Agency (CalSTA) awarded us $116 million for SFMTA Core Capacity projects as part of the fifth cycle of the Transit and Intercity Rail Capital Program (TIRCP). This historic investment will be used to directly fund projects that will make Muni more reliable and dependable. Speeding up Muni and making it a more desirable option for San Franciscans benefits all of us—including easing congestion

Three key components of our system will benefit from this money. Funding for this project will implement the Muni Forward program on three key corridors (K, N, and the 38R Geary lines) to enhance reliability, efficiency, travel times, and rider comfort. Muni Forward has already been successfully deployed on 70 miles of Transit Priority Projects across San Francisco. The new Muni Forward projects will promote reliability and ridership gains on the K Ingleside and N Judah rail lines, and the 38 Geary bus line.

Two phases of our Train Control Update Project will also receive funding from CalSTA. This project will eventually increase capacity by 20 percent on our vehicles that travel through the Market Street tunnel and will for the first time provide the ability for centralized line management of the entire light rail system.

Lastly, CalSTA is providing funding for a Muni Metro Modernization Planning Study, which will identify the next package of investments to provide additional capacity and reliability improvements for the Muni Metro. Together, these infrastructure improvements will provide Muni rail customers faster, longer trains and a quality of service that can be relied on for time-sensitive trips.

The SFMTA also received news last week that Moody’s Investors Service has assigned an Aa3 on revenue bonds forthe SFMTA's outstanding revenue bonds and the agency’s planned issuance of revenue bonds to help fund critical capital projects. Although this is a downgrade from our previous Aa2 rating, Aa3 is currently the highest rating for US mass transit systems’ revenue bonds secured by general operating revenue. Moody’s also assigned the SFMTA a rating outlook of “stable” based on the expectation that our finances will be balanced with federal aid over the next 18-24 and the SFMTA’s commitment to proactively seek additional revenue sources to a maintain structural balance. You can read more about the announcement at our Press Center.

We will continue to update the public as we get a better sense of our financial outlook and identify alternate funding sources for projects that depended on Proposition A funding. We will continue to have more conversations and engagement with community members and community-based organizations on their priorities to deliver a transportation system that works for all San Franciscans.

Published July 09, 2022 at 01:05AM
https://ift.tt/hSTMxCg

Comments

Mumbai terror attack 12 years on: Remembering the heroes of 26/11 https://ift.tt/2J9bWA8

Floral tributes were paid on Thursday to the martyrs who laid down their lives while fighting terrorists who attacked Mumbai on November 26, 2008. "Their sacrifice will never be erased from the memory of time and history. Today, we pay tribute to our saviours #2611Attack #2611Martyrs," Mumbai Police tweeted.

More trouble for Chinese cos as India changes trade rules in public procurement https://ift.tt/2EeBklg

Amid the border tension with China, the government has changed trade rules imposing restrictions on public procurement from China and other countries with the common border. According to the changed rules, the government has imposed restrictions on firms, companies from countries which share common land border after it amended the General Financial Rules 2017. An official statement on Modi government latest move said that this has been done on the grounds of defence of India, or matters directly or indirectly related thereto including national security. The Department of Expenditure has, under the said Rules, issued a detailed order on public procurement to strengthen the defence of India and national security, it said. Here what the order says: As per the order, it said, any bidder from such countries sharing a land border with India will be eligible to bid in any procurement whether of goods, services (including consultancy services and non-consultancy services) or works (...

New top story from Time: The Fight for a $15 Minimum Wage Is Our Selma

https://ift.tt/37oF2Ez After the public lynching of George Floyd last summer, his cry of “I can’t breathe” galvanized a movement for Black lives that won majority support among Americans . Floyd wasn’t the only one gasping for breath. While Americans watched a police officer choke the life out of Floyd, we also witnessed Black Americans contracting a deadly respiratory disease at three times the rate of our white neighbors , according to an August report from the National Urban League. The growing public consensus that we as a nation must address systemic racism has led to serious soul-searching in families, churches, universities, corporations and political life. But just as the Selma campaign became a symbol during the civil rights movement of the need for legislation to expand voting rights, the $15 an hour minimum wage proposal in Joe Biden’s American Rescue Plan represents the possibility that our government can take decisive action to make racial justice real tod...

Biking by the Numbers: San Francisco’s 2019 Biking Statistics

Biking by the Numbers: San Francisco’s 2019 Biking Statistics By Bradley Dunn Bicycling moves people around San Francisco using less space per person than when people go by driving. The SFMTA encourages bicycling and makes yearly ridership and trend data public. While Bike-to-Work day has moved to September this year due to the ongoing pandemic, we are excited to share San Francisco’s 2019 citywide bicycling data that we usually release in May. The SFMTA uses a variety of bicycle infrastructure and data metrics as indicators of a healthy and growing bicycle network. In 2019, the Agency prioritized the development of a robust data management system, improving high-quality bikeway infrastructure to make bicycling less stressful and more appealing, and expanding access to bikeshare services across the city. As in past years, 2019 data is pulled from the SFMTA’s automated bike counters, annual manual count data, operator-provided bikeshare data, and the US Census. Here are some key fin...

FOX NEWS: Canine influenza outbreak: What dog owners need to know A canine influenza outbreak in Los Angeles is drawing up concern among pet owners on the West Coast.

Canine influenza outbreak: What dog owners need to know A canine influenza outbreak in Los Angeles is drawing up concern among pet owners on the West Coast. via FOX NEWS https://ift.tt/lTOH3qM

Replacing Parking Meters with (Actual) Bike Parking

Replacing Parking Meters with (Actual) Bike Parking By Eillie Anzilotti Did you know you can submit a request for new bike parking? Anyone who rides a bike in San Francisco knows: A parking meter is not just a parking meter. Like street sign poles, meters are also a place to lock your bike when you’re out running errands and exploring the city. As an agency, we’re working towards the goal of making bike racks and corrals available across the city, wherever people need them. In the meantime, we recognize that informal bike and scooter parking options, like parking meters, meet people’s needs. So, when we announced a campaign last year to remove existing parking meters and replace them with pay stations, this brought up a question: what does this mean for bike parking? We strive to install bike racks to replace parking options wherever meters are removed. Right now, our bike parking team is focused on identifying locations for new racks in high-demand areas ...

New top story from Time: Cleveland Baseball Team Reportedly Dropping Indians Name After 105 Years

https://ift.tt/2LpSBeG (CLEVELAND) — The Cleveland Indians are changing their name after 105 years. Citing three people familiar with the decision, The New York Times reported Sunday night that the team is moving away from a name considered racist for decades. The Indians have been internally discussing a potential name change for months. A team spokesman told The Associated Press the franchise has no immediate comment on the report. The Times said the team could make a formal announcement later this week. It’s not known when the name change will take affect or if the team has settled on a new moniker. Cleveland’s move away from Indians follows a similar decision earlier this year by the NFL’s Washington Football Team, which was previously known as the Redskins. For years, Native American groups and others have protested against Cleveland’s use of Indians as its name as well as other imagery used by the American League charter franchise founded in 1901. Last year, the ...

Livable Streets Look Back 2021

Livable Streets Look Back 2021 By Eillie Anzilotti How We Made San Francisco Streets Safer In 2021 As 2021 comes to an end, we're reflecting on everything SFMTA has done to make San Francisco streets safer for all. But first, let’s wind back 50 years ago to 1971: the year the first bike lanes went in in San Francisco! The city’s first bike lanes on Lake Street came out of a community effort to calm traffic and make the neighborhood safer. There’s an often-quoted expression that “change happens slowly, then all at once.” For San Francisco safe streets, 2021 is certainly in the “all at once” phase. Fifty years after the first bike lanes were installed in the city, we’re continuing to push the boundaries of what safe streets can look like in San Francisco. Here’s a look at some key progress from this past year: Transforming the Tenderloin: In a neighborhood where every street is on the city’s Vision Zero High-Injury Network, we implemented a suite of projects to make the whole ...

New top story from Time: “Charlie Bit My Finger” Is About to Leave YouTube Forever. Here’s Why

https://ift.tt/2SgY5vZ Charlie and Harry Davies-Carr were just babies—one and three years old—when they became unintentional internet superstars. The “Charlie Bit My Finger” video , filmed and posted on YouTube by their dad Howard back in 2007, became an instant classic of internet culture. Matthew Liu, a product manager at YouTube at the time, remembers the company’s fascination with the early viral hit. “This video, in particular, really captivated the entire world’s imagination,” Liu says over Google Meet from Taipei, where he is now living and working. “It was really, really amazing to see that internally. It’s literally the definition of a viral video.” An entire genre of entertainment—the organic viral video—blossomed in its wake, the subjects becoming meme stars. Fourteen years later, it’s still one of YouTube’s most popular videos, with over 880 million views. But if you want to see this seminal clip in full, you’ll have to watch before May 23, 2021. “Charlie Bit M...

At Congress big meet, Kamal Nath makes old vs new reference - Here's what Rahul Gandhi responded https://ift.tt/38irbiR

A five-hour-long meeting at 10 Janpath, but a question that many were expecting would be answered in the meeting still remained unanswered. The question was if Rahul Gandhi will become the president of the Congress party again.

My precise view

Search This Blog