TPO adopts 2024 Transit Asset Management targets to guide replacement and repairs
The board voted to adopt 2024 transit asset management (TAM) targets, which set percentage targets for vehicle and facility condition (example: recommended 28.4% for buses beyond useful life benchmark) and obligate showing how LRTP investments support targets.
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TPO staff recommended adopting 2024 Transit Asset Management targets required under federal guidance; the targets quantify the percentage of rolling stock and facilities that may be at or beyond their useful life. Connor McDonald presented the proposed numbers and explained their derivation from HART's TAM plan and vehicle replacement schedules, saying the recommended targets include "28.4 for buses" to reflect upcoming replacement needs.
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