Philadelphia: Study Says SEPTA is Strapped

[marmar]

PA: Study Says SEPTA is Strapped

Paul Nussbaum
Source: The Philadelphia Inquirer
Created: April 29, 2013


SEPTA supports nearly 26,000 jobs, contributes $3.21 billion in economic output, and generates $62.5 million in state tax revenue, according to a study released Monday.

The study, commissioned by SEPTA, comes as the financially strapped transit authority seeks a fare increase and lobbies state officials for more funding.

SEPTA provides more bang for the buck than other transit agencies in Pennsylvania and gets less than its share of state funding based on ridership, the study found. SEPTA also has a much smaller capital budget for such things as bridge repairs and new buses than other major transit systems in the United States, it said.

The study by the Economy League of Greater Philadelphia and Econsult Solutions Inc. concluded that SEPTA is a major economic force in the region and state. ...................(more)

The complete piece is at: http://www.masstransitmag.com/news/10930068/pa-study-says-septa-is-strapped

[happyslug]

1. Here is the Actual Study:

The Economy League of Greater Philadelphia who released the study:
http://economyleague.org/

The Economy League press release on the report with a direct lin to the actual report:
http://economyleague.org/node/1705

The actual Study:
http://economyleague.org/files/Understanding_SEPTAs_Statewide_Economic_Value_0.pdf

http://economyleague.org/files/SEPTA_4-13_study_release_FINAL.pdf