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SFMTA: $5.2 billion backlog in state-of-good-repair; transit-critical assets need roughly $424M/year

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

SFMTA asset management staff told the board on Jan. 21 that 27 percent of the agency's $16.9 billion asset inventory — about $5.2 billion — is not in a state of good repair; staff described an average annual need of $424 million to sustain transit service–critical assets.

SFMTA asset management lead analyst Jason Chan presented the agency’s 2023 State of Good Repair (SOGR) report to the board on Jan. 21, outlining asset-condition scores, the current backlog and projected investment needs over the next 20 years.

Key takeaway: The agency reported $5.2 billion in backlog — assets with condition scores below the agency’s 2.5 state-of-good-repair threshold — equal to roughly 27 percent of a $16.9 billion asset inventory. Chan said 68 percent of that backlog (about $3.5 billion) is for assets that have passed their useful life.

What the numbers mean

Chan described agency assets by class (vehicles, track, signals, parking and traffic infrastructure, facilities and “other systems and vehicles”) and explained that condition is currently scored primarily by age and useful life. He reported:

• Ab…

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