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MTA update: $2.2 billion capital backlog, service goals and public concern over Central Subway costs
Summary
SFMTA Director Ed Riskin outlined service and capital goals including a 50/50 trip‑mode target and a $2.2 billion state‑of‑good‑repair backlog; public commenters warned of Central Subway cost overruns and contingency shortfalls, a claim the agency did not fully resolve in the hearing.
The Municipal Transportation Agency presented its fiscal and capital outlook to the Budget & Finance Committee on May 22 as part of the 9‑month budget update. SFMTA Director Ed Riskin described both operational improvements and major capital funding needs.
Riskin framed the agency’s work around a six‑year strategic plan with four overarching goals: improve safety (a 10 percent reduction in collisions and injuries), advance the city’s transit‑first mode‑share target (reduce single‑occupancy automobile trips from about 61 percent toward a 50 percent target), enhance environmental and quality‑of‑life outcomes, and strengthen agency capacity and management.
On capital, Riskin said the SFMTA maintains roughly $12 billion in assets and currently has about $2.2 billion in unmet capital needs.…
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