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THE BI-STATE DEVELOPMENT AGENCY - Metro Transit

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<strong>THE</strong> <strong>BI</strong>-<strong>STATE</strong> <strong>DEVELOPMENT</strong> <strong>AGENCY</strong><br />

MAKING AN IMPACT<br />

What we are doing today. How we are preparing for tomorrow.<br />

2013 <strong>STATE</strong> OF <strong>THE</strong> <strong>AGENCY</strong> REPORT<br />

SPECIAL<br />

INSERT TO OT<br />

<strong>THE</strong> EST<br />

ST. LOUIS<br />

BUSINESS S<br />

JOURNAL<br />

SPECIAL INSERT TO <strong>THE</strong> ST. LOUIS BUSINESS JOURNAL


MEASURING OUR IMPACT<br />

How do you measure the Bi-State Development Agency’s impact on the St. Louis region? You could count<br />

the thousands of residents who depend on us to reach their destinations each day. But, that’s just the tip of<br />

the iceberg. Our impact also reverberates through the vibrant communities around busy <strong>Metro</strong>Link stations.<br />

Millions of visitors experience it, too, when they fly into our St. Louis Downtown Airport, take a tram ride in<br />

the Gateway Arch or patronize any of the other riverfront attractions we operate. We are, at root, an economic<br />

development agency. In all we do, whether it’s transit, aviation or tourism, we seek to make a positive impact<br />

on our region’s vitality and long-term sustainability.<br />

“ Our vision is to improve the region’s quality<br />

of life by providing excellent transportation<br />

and promoting economic development.”<br />

DEAR FRIENDS,<br />

The impact of the Bi-State Development Agency on the St. Louis region goes<br />

far beyond the 46 million boardings we provided to <strong>Metro</strong>Bus, <strong>Metro</strong>Link and<br />

<strong>Metro</strong> Call-A-Ride customers in 2012.<br />

Most people, in fact, don’t know that Bi-State was founded in 1949, not as<br />

a transit authority, but as an economic development agency charged with<br />

the mission of solving regional problems. We got into the transit business in<br />

1963, at the request of civic and business leaders, when it became apparent<br />

that our local economy needed a stable, reliable bus system to serve the<br />

region. That was 50 years ago this month. Since then, we have grown an<br />

award-winning transit system that travels more than 500 square miles with<br />

light rail, van and bus.<br />

Today, the Bi-State Development Agency is comprised of three distinct, but<br />

interrelated businesses:<br />

• <strong>Metro</strong> <strong>Transit</strong> – Our transit operations include <strong>Metro</strong>Bus, a 75-route<br />

bus system; <strong>Metro</strong>Link, a two-line, 37-station light rail system; and <strong>Metro</strong><br />

Call-A-Ride, a curb-to-curb paratransit van service for St. Louis City and<br />

County customers who are unable to use regular bus and light rail service.<br />

• The St. Louis Downtown Airport – Located in Cahokia, Ill., just three<br />

miles from the St. Louis Riverfront, this business and private aviation<br />

airport has grown to be the third busiest airport in Illinois. It has been<br />

owned and operated by Bi-State since 1965.<br />

• Tourism – Bi-State oversees the operation of a number of high-profile<br />

community assets in addition to the St. Louis Downtown Airport. Other<br />

business enterprises include the Tom Sawyer and Becky Thatcher<br />

Riverboats, the Arch View Café, the Riverfront Bike Rental and Heliport<br />

operations, operating the tram rides at the Gateway Arch and operating<br />

the Arch Parking Facility. We also have an ownership interest in and<br />

are responsible for maintaining all except the road deck of the historic<br />

Eads Bridge.<br />

ANNIVERSARIES<br />

50<br />

YEARS<br />

<strong>Metro</strong>Bus<br />

April 2013<br />

25<br />

YEARS<br />

Call-A-Ride<br />

Nov. 2012<br />

20<br />

YEARS<br />

<strong>Metro</strong>Link<br />

July 2013<br />

David A. Dietzel<br />

Only the transit business is partially supported by local public funds.<br />

Each one of these businesses supports the others, while fueling the local<br />

economy. Our region’s St. Louis downtown riverfront assets attract tourists<br />

to our area, while our transit system enables them and our residents to get<br />

where they need to go. Our <strong>Metro</strong>Link stations, meanwhile, are themselves<br />

becoming a magnet for new residential and commercial development,<br />

job creation and economic growth (see page 3), as we see in new<br />

places like the Mercantile Exchange downtown and more established areas<br />

like Emerson Park in East St. Louis.<br />

From our efforts to create a smarter, safer transit system (see page 5), to<br />

our leadership roles on the Regional Plan for Sustainable Development<br />

and St. Louis Rapid <strong>Transit</strong> Connector study (see page 7), we continue<br />

to explore ways to make a meaningful impact on the St. Louis <strong>Metro</strong>politan<br />

area. Given the instability of federal funding, we work hard to compete for<br />

those funds to benefi t our region and then strive to create the most value for<br />

our economic development dollar.<br />

As we move forward, we are committed to continuing to be a good<br />

investment for our region, and stewards of the funds entrusted to us. We<br />

will remain focused on developing regional solutions to the challenges our<br />

community faces.<br />

We thank you for the opportunity to serve you, and look forward to making<br />

the region even better in the years ahead.<br />

David A. Dietzel<br />

Chairman, Board of Commissioners<br />

John M. Nations<br />

John M. Nations<br />

President & CEO<br />

2 Bi-State Development Agency SPECIAL INSERT TO <strong>THE</strong> ST. LOUIS BUSINESS JOURNAL


MAKING AN IMPACT: ON OUR REGION<br />

Public transportation and economic development are like two sides of<br />

the same coin. You can’t have one without the other. But which came<br />

first? For Bi-State, it was economic development. Since our creation in<br />

1949 as one of the nation’s first interstate agencies, our mission has<br />

been to foster development on both sides of the Mississippi River. We<br />

have been a regional problem solver ever since, active in everything<br />

from early interstate highway planning, to the establishment of the<br />

St. Louis <strong>Metro</strong>politan Sewer District, to the re-opening of the old Parks<br />

Airport which is now the St. Louis Downtown Airport.<br />

Even the regional mass transit system we operate, and are best<br />

known for today, was created to bolster our economy. Our <strong>Metro</strong>Link<br />

stations and other infrastructure have become magnets for new<br />

development.<br />

What kind of impact can mass transit have on a community? It<br />

can make a neighborhood or shopping area more accessible.<br />

It can be the seed that spurs a community to grow and prosper.<br />

It’s happening here. And these are just a few examples:<br />

• Located near the Convention Center <strong>Metro</strong>Link Station, the<br />

Mercantile Exchange has attracted a new movie theater and<br />

restaurants, while linking downtown’s most vibrant residential,<br />

shopping and entertainment neighborhoods.<br />

• When the <strong>Metro</strong>Link station at Emerson Park opened in 2001, the<br />

development of Parson’s Place created a vibrant, new residential<br />

neighborhood. Today, the $22 million Jazz at Walter Circle<br />

senior housing development is under construction.<br />

• The Meridian at Brentwood includes offi ce, residential,<br />

restaurant and retail space, all within walking distance<br />

of the Brentwood <strong>Metro</strong>Link Station.<br />

City / County Residents<br />

Work Locations<br />

In the St. Louis <strong>Metro</strong>politan area, 95% of residents live within walking<br />

distance – that’s three-quarters of a mile – to transit that reaches about<br />

95% of the work locations in our service area.<br />

Jazz at Walter Circle<br />

East St. Louis, IL<br />

Mercantile Exchange<br />

Downtown St. Louis, MO<br />

The Meridian at Brentwood<br />

Brentwood, MO<br />

More than 900,000 visitors rode the tram to the top of the Gateway<br />

Arch in 2012. That’s a 7.7% increase over 2011, since Bi-State<br />

worked with the National Park Service to update the Visitor Center<br />

with renovations to the security checkpoints, visitor information<br />

area and ticketing center. Bi-State is responsible for operating the<br />

Arch transportation and ticketing systems.<br />

DID YOU KNOW?<br />

Bi-State Operates an Asset Worth Over<br />

a Half-Billion Dollars to the <strong>Metro</strong> East<br />

Owned and operated by Bi-State, the St. Louis Downtown Airport hosted 90,000 take offs and landings<br />

last year, on flights that carried sports teams, politicians, entertainers and business professionals. It<br />

is the second busiest airport in the St. Louis area and the third busiest in Illinois, behind O’Hare and<br />

Midway in Chicago. Bi-State has owned and operated this important community asset since 1965.<br />

But what does that mean to the region’s economy? It means high-paying jobs in the <strong>Metro</strong> East<br />

and sound aviation-related businesses in the area. What was once a shuttered airport, and a field<br />

overgrown with weeds, now provides $584 million in annual economic benefit to the local economy.<br />

SPECIAL INSERT TO <strong>THE</strong> ST. LOUIS BUSINESS JOURNAL<br />

State of the Agency 3


MAKING AN IMPACT: ON OUR CUSTOMERS<br />

Each day, <strong>Metro</strong> <strong>Transit</strong>’s buses, trains and vans are boarded more than<br />

100,000 times from several thousand locations. Our riders are traveling<br />

from as far as Wildwood and Eureka in Missouri, to Scott Air Force<br />

Base in Illinois. Three out of four are heading to and from work. Another<br />

15% rely on us to get to school, with the remainder going to shopping<br />

centers, medical appointments, sporting events, concerts, religious<br />

services and countless other destinations.<br />

But <strong>Metro</strong>Bus and <strong>Metro</strong>Link aren’t just for the people who use<br />

public transportation. They’re also for the owners of the businesses<br />

that employ these individuals and the customers who patronize them.<br />

In other words, 8% of our region may use our transit system, but 100%<br />

of the region depends on public transit to bring workers, customers,<br />

patients and clients to the door.<br />

With nearly 400 <strong>Metro</strong>Bus vehicles on the road, more than 21 hours a day, the safety<br />

of our passengers and employees is our greatest concern. Over the past seven years,<br />

we have cut our transit accident rate in half. How did we do it? Ongoing driver training<br />

programs, as well as other preventive measures helped us to maximize safety on the<br />

road. In 2012, we achieved record-high customer satisfaction as well, thanks in large<br />

part to initiatives to improve safety, reliability and comfort – the things our riders<br />

value most.<br />

DID YOU KNOW?<br />

<strong>Metro</strong> <strong>Transit</strong><br />

“Graduates”<br />

Thousands<br />

of Riders<br />

Each Year<br />

Our ridership is always changing.<br />

We estimate that roughly 2%<br />

of our riders who use transit to<br />

further their education find that<br />

they increase their earning power<br />

and increase their transportation<br />

options. While some move on,<br />

many continue to use public transit<br />

because they appreciate the cost<br />

savings and “green value” of<br />

transit. We are proud to be a part<br />

of their success.<br />

The #56 Kirkwood-Webster <strong>Metro</strong>Bus stop at West Lockwood<br />

Avenue and Austin Place is no ordinary bus stop. It’s Grace<br />

Mehan’s bus stop in Glendale, and it is one of the best decorated<br />

stops in town.<br />

Airports create jobs, and jobs lead to opportunity.<br />

That is certainly true of the St. Louis Downtown<br />

Airport, which not only serves as our city’s front<br />

door for private and business aviation, but is also<br />

home to 26 businesses, including Jet Aviation, a<br />

General Dynamics subsidiary that provides aircraft<br />

maintenance, modifications and refurbishments.<br />

“Instead of trying to compete for each other’s piece<br />

of the economic pie, regional airports benefit by<br />

working together to make the whole pie bigger,” says<br />

Dr. Susan Shea, Director of the Illinois Department<br />

of Transportation’s Division of Aeronautics. In all,<br />

Illinois airports contribute $40.9 billion to the state’s<br />

economy and are responsible for more than 337,000<br />

jobs, according to a statewide aviation economic<br />

impact study.<br />

It’s here that Grace, a Glendale resident with Down syndrome,<br />

boards the bus each weekday for the Special School District<br />

program she attends at Webster University and her hostess job<br />

at a Kirkwood restaurant.<br />

From shamrocks on St. Patrick’s Day, to turkeys at Thanksgiving,<br />

the bus stop’s lavish homemade decorations are a celebration of<br />

Grace’s independence, say her parents, Tom and Colleen. “When<br />

Grace graduated from high school, her goal was to get around<br />

town on her own,” says Tom. “The bus not only enables Grace to<br />

get from place to place, but it shows she is a typical citizen and<br />

member of our community.”<br />

4 Bi-State Development Agency<br />

SPECIAL INSERT TO <strong>THE</strong> ST. LOUIS BUSINESS JOURNAL


MAKING AN IMPACT: ON OUR ASSETS<br />

Keeping your equipment in top working order is more than just good<br />

common sense. It’s also good business sense. Well-maintained assets<br />

translate into longer operating life, greater reliability, increased usage<br />

and greater customer satisfaction.<br />

Bi-State is responsible for the operation and maintenance of more<br />

than $2 billion in community assets, including a fleet of 374 buses,<br />

121 vans and 87 trains; the stations, tracks and other infrastructure<br />

that support them; the Eads Bridge; St. Louis Downtown Airport, the<br />

riverfront attractions and a host of other facilities entrusted to our care.<br />

In the years since we adopted a predictive, preventive maintenance<br />

program, <strong>Metro</strong>Bus and <strong>Metro</strong>Link performance has experienced<br />

steady improvement. In 2012, our satellite tracking system found that<br />

our transit system recorded an on-time percentage of 93.6%, up from<br />

approximately 60% in 1999, when we began implementing these<br />

systems and tracking results.<br />

DID YOU KNOW?<br />

The cost of keeping a bus in service averages $130 per hour in transit systems<br />

similar to <strong>Metro</strong>’s. <strong>Metro</strong> keeps costs among the lowest in the nation at less<br />

than $100 per mile. We keep our costs low with the innovations and expertise<br />

of our award-winning maintenance team. When you are transporting customers<br />

more than 7,500 hours per year, that number adds up.<br />

Peer Comparison – Motor Bus<br />

Vehicle Maintenance Cost per Mile (Including Fuel)<br />

$4.0<br />

3.5<br />

3.0<br />

2.5<br />

Our Buses Last<br />

50% Longer<br />

In cities across America, mass transit buses have an<br />

average life span of 10 years or 500,000 miles. That sounds<br />

pretty good, until you consider <strong>Metro</strong>’s buses last, on<br />

average, 50% longer – 15 years or 750,000 miles.<br />

Our buses last longer because of the proactive maintenance<br />

approach we use to keep them in top working order. We<br />

continuously monitor our onboard computer systems for<br />

data. Let’s say the computer tells us that a bus door is<br />

taking longer than average to close. The system alerts<br />

our maintenance department with an email, so we can<br />

schedule maintenance before the door becomes an issue.<br />

2.0<br />

1.5<br />

1.0<br />

0.5<br />

0.0<br />

San Diego<br />

Denver<br />

St. Louis<br />

Sacramento<br />

Dallas<br />

Cleveland<br />

Buffalo<br />

Portland<br />

Baltimore<br />

Pittsburgh<br />

San Jose<br />

By attending to details like this, we not only make the<br />

bus system last longer, but we dramatically increase<br />

bus reliability. The industry averages one breakdown<br />

every 5,000 miles. Each <strong>Metro</strong>Bus, on average, travels<br />

more than 27,000 miles between failures, resulting<br />

in reduced maintenance costs and service reliability<br />

unheard of anywhere else in our industry.<br />

Before the Gateway Arch rose in the sky as an iconic<br />

symbol of westward expansion, the St. Louis riverfront<br />

was best known for the Eads Bridge, a marvel of<br />

modern engineering. Jointly owned by Bi-State and<br />

the City of St. Louis, the national landmark carries<br />

thousands of cars per day. <strong>Metro</strong>Link trains use the<br />

bridge to cross the Mississippi River more than 300<br />

times each weekday.<br />

Today, the 139-year-old bridge is one year into a<br />

three-year, multi-million dollar repair and modernization<br />

project to prepare it for another half century of service.<br />

Riders will soon be able to board our buses and trains<br />

faster, thanks to the phasing in of a new fare collection<br />

system. Old fareboxes on buses are being replaced, while<br />

new ticket vending machines, new fareboxes and an<br />

upgraded ticket validation system are being installed.<br />

We’re also upgrading g our infrastructure to implement<br />

future “smart” amenities that will<br />

allow customers to use smart<br />

cards rather than cash or passes,<br />

use their cell phones to track<br />

bus locations,<br />

calculate wait<br />

periods, and more.<br />

SPECIAL INSERT TO <strong>THE</strong> ST. LOUIS BUSINESS JOURNAL State of the Agency 5


MAKING AN IMPACT: ON OUR COMMUNITY<br />

Whether it’s construction jobs, attracting visitors and tourism dollars or<br />

providing public transit, Bi-State impacts our community. For example,<br />

our best known company, <strong>Metro</strong>, boards an average of 148,000<br />

passengers on an average weekday, and focuses on creating a system<br />

that brings riders and routes together to facilitate convenient and<br />

timely transfers, whether they’re traveling by bus, train or van.<br />

Our use of a “hub-and-spoke” transit network not only speeds<br />

transfers and improves convenience for many customers, it allows us<br />

to make better use of our transportation resources. Buses, for example,<br />

are more likely to operate at full capacity, and can often complete more<br />

trips each day. New spokes can also be created with relative ease.<br />

These improvements impact not just our system, but overall customer<br />

satisfaction as well.<br />

Nineteen percent of <strong>Metro</strong>Bus riders live within fi ve miles of 4140 Pershall Road in Ferguson.<br />

That is where construction is set to begin in early 2014 at the new North County <strong>Metro</strong>Bus<br />

<strong>Transit</strong> Center, a hub facility where most North County routes will converge. The new transit<br />

center is scheduled for completion in early 2015. Expansion of the Civic Center <strong>Metro</strong>Bus<br />

<strong>Transit</strong> Center at 14th Street between Spruce and Clark is also being planned.<br />

Both transit centers will include climate-controlled waiting areas and other customer amenities.<br />

Both are being designed to better serve riders in these strong and growing transit markets.<br />

DID YOU KNOW?<br />

Bi-State Operates the Many<br />

Attractions on the Riverfront<br />

Locals may associate Bi-State with our transit system, but visitors become<br />

acquainted with us as the operators of the Gateway Arch tram rides, Tom<br />

Sawyer and Becky Thatcher Riverboats, the Arch View Café, Arch Parking<br />

Facility and Riverfront Bike Rentals and Heliport. We proudly support<br />

tourism in our region through our operation and maintenance of these<br />

important community assets.<br />

Passenger fares cover approximately 22% of <strong>Metro</strong> <strong>Transit</strong>’s annual<br />

operating costs (excluding depreciation). We rely on local sales<br />

tax revenue, as well as federal and state funding to subsidize<br />

the remainder of our operating costs and to modernize our fare<br />

collection system, construct new bike trails and implement other<br />

capital projects identifi ed in Moving <strong>Transit</strong> Forward, the 30-year<br />

transit blueprint for our region.<br />

As competition for limited federal funding increases, we are<br />

exploring creative, alternate fi nancing approaches, including<br />

public-private partnerships with developers interested in pursuing<br />

transit-oriented development opportunities. Through our continuous<br />

improvement programs, we also continue to capitalize on the cost<br />

savings associated with operating an effi cient, well-maintained<br />

transit system. We are working hard to make sure that every dollar<br />

achieves maximum impact.<br />

Revenue Sources by Detail<br />

(in millions)<br />

It’s become even easier to “Bike St. Clair County” since the newest section of the<br />

county’s <strong>Metro</strong>BikeLink Trail, funded in partnership with the St. Clair County <strong>Transit</strong><br />

District, opened last fall. The 2.2 mile extension runs from the Swansea <strong>Metro</strong>Link<br />

Station to the Memorial Hospital <strong>Metro</strong>Link Station in Belleville. The trail, which<br />

parallels the <strong>Metro</strong>Link system, is now nearly seven miles long and extends to Belleville’s<br />

North End Park. And in Missouri, Bi-State received a $1 million grant in 2012 to make<br />

improvements to a section of the 11-mile St. Louis Riverfront Trail, a bicycle trail that<br />

starts below the Gateway Arch along Lenor K. Sullivan Boulevard and parallels the<br />

Mississippi River as it runs north to North Riverfront Park. Funding was provided by the<br />

U.S. Department of Transportation/FTA Paul S. Sarbanes <strong>Transit</strong> in Parks Program.<br />

$50.3<br />

$4.0<br />

$40.5<br />

$3.8<br />

$21.5<br />

$2.0<br />

$5.4<br />

$134.0<br />

Local Missouri<br />

Sales Tax<br />

Federal<br />

Operating<br />

Assistance<br />

Paratransit<br />

Contracts<br />

St. Clair<br />

County TD<br />

Total Annual Revenue: $261.5 million<br />

Other<br />

Operating<br />

Revenue<br />

Passenger<br />

Revenue<br />

Other Non-<br />

Operating<br />

Revenue<br />

Interest<br />

Revenue<br />

6 Bi-State Development Agency SPECIAL INSERT TO <strong>THE</strong> ST. LOUIS BUSINESS JOURNAL


MAKING AN IMPACT: ON OUR FUTURE<br />

What does the future hold for St. Louis? What kinds of new businesses<br />

will we attract? Where will new development take root? What initiatives<br />

should the region pursue now to support the health and vitality of its<br />

residents and the long-term sustainability of both its resources and its<br />

economy? These are questions that Bi-State is studying and, in many<br />

cases, helping to address through the projects we undertake and support.<br />

As a partner in our region’s economic development, we eagerly<br />

seek opportunities to collaborate with others on the solutions to<br />

these challenges. Our goal: to pool our region’s potential solutions<br />

in forward-thinking ways that create the greatest positive long-term<br />

impact on our future.<br />

Imagine <strong>Metro</strong>Bus riders in downtown St. Louis boarding high capacity,<br />

articulated buses during peak hours, or next-generation buses that traverse<br />

Interstate Highways, rather than slower moving streets, to help riders from<br />

outlying areas reach their destinations faster. Both are among the concepts<br />

being explored through the St. Louis Rapid <strong>Transit</strong> Connector Study that<br />

Bi-State is now completing in partnership with East-West Gateway Council<br />

of Governments, St. Louis City and County, and the Missouri Department<br />

of Transportation.<br />

What does it mean to be a “sustainable community?” In St. Louis, it<br />

means expanding our economy and growing our population in ways that<br />

preserve the environment and foster social equity. It means planning<br />

future development in ways that support the land, water, air and other<br />

natural resources available to us. To Bi-State, it means providing<br />

more transportation choices, especially “green” ones that reduce the<br />

consumption of fossil fuels, and leveraging our investments in ways that<br />

enhance our region’s competitiveness.<br />

Scheduled for completion in September 2013, the study’s first phase looks<br />

at potential transit investments along four interstate corridors – I-64, I-44,<br />

I-55 and I-70. Drawing on community input and technical analysis, we will<br />

identify two transit projects that enhance mobility for large segments of our<br />

region’s population, contribute to economic development and expand the<br />

quality and effi ciency of the St. Louis regional transit system. As we move<br />

forward, we will seek the federal funding the region needs to support these<br />

major transit projects.<br />

Bi-State is an active partner in the planning for the CORTEX development.<br />

Situated in midtown St. Louis, the CORTEX project is being built to<br />

accommodate the growing life sciences sector of our economy, and<br />

public transit is playing a central role in how this new community will<br />

move forward.<br />

Building a sustainable community is an effort that requires both public and<br />

private commitment. That’s why we are one of 11 core partners leading<br />

hundreds of public and private groups in the development of a Regional<br />

Plan for Sustainable Development. Funded through the U.S. Department<br />

of Housing and Urban Development’s Sustainable Communities Initiative,<br />

the three-year planning process includes, among other things, a study of<br />

<strong>Transit</strong>-Oriented Development (TOD) opportunities. TOD is an approach that<br />

mixes housing, offi ce, retail and other amenities into compact, walkable<br />

communities centered around high quality public transportation like ours.<br />

SPECIAL INSERT TO <strong>THE</strong> ST. LOUIS BUSINESS JOURNAL<br />

State of the Agency 7


FINANCIAL HIGHLIGHTS<br />

This year began with, for the public sector, groundbreaking, cost saving<br />

measures that will better manage health care and retirement costs<br />

over time. Our tourism businesses, including Arch tram ticket sales<br />

and Gateway Arch Riverboat sales, benefited from the slight upturn in<br />

the economy and better weather-related conditions on the Mississippi<br />

River. St. Louis Downtown Airport has become a hub for medical fl ights.<br />

St., Louis Children’s Hospital helicopters are now based at our airport,<br />

and other medical and emergency helicopters are using our airport<br />

as an important refueling site. <strong>Metro</strong> <strong>Transit</strong> experienced positive<br />

operational and financial trends in 2012 and was recognized by the<br />

American Public <strong>Transit</strong> Association in the first and third quarters<br />

of 2012 as the transit system with the faster growing bus ridership<br />

base in the country. Customers have continued to respond to<br />

improvements in transit service with ridership reaching more than<br />

46.7 million trips in 2012, an increase of 8.6% over the previous<br />

year and a 3.1% increase for the first six months of FY 2013.<br />

METRO<br />

TRANSIT<br />

ARCH TRAM<br />

SYSTEM<br />

ARCH<br />

PARKING<br />

FACILITY<br />

RIVERFRONT<br />

ATTRACTIONS<br />

ST. LOUIS<br />

DOWNTOWN<br />

AIRPORT<br />

EXECUTIVE<br />

SERVICES<br />

TOTAL<br />

For the Year Ended June 30, 2012<br />

OPERATING REVENUES<br />

Passenger and service revenues $ 50,296,567 $ 5,844,419 $1,595,752 $2,474,040 $ 1,195,479 $ - $ 61,406,257<br />

Other operating revenue 3,976,026 (26,172) 47,169 (6,267) 221,797 3,124,000 7,336,553<br />

Total operating revenues 54,272,593 5,818,247 1,642,921 2,467,773 1,417,276 3,124,000 68,742,810<br />

OPERATING EXPENSES<br />

Wages and benefits 152,964,104 1,411,262 367,010 1,154,711 823,294 2,014,234 158,734,615<br />

Services 27,694,579 778,561 515,080 248,398 27,913 575,451 29,839,982<br />

Materials, supplies, and fuel 35,813,904 145,891 39,334 550,116 124,341 16,090 36,689,676<br />

Casualty and liability insurance 3,504,566 36,656 29,824 146,813 9,413 - 3,727,272<br />

Administrative charges 1,800,000 650,529 146,910 - 70,877 - 2,668,316<br />

Utilities, leases, and general expenses 8,435,755 562,660 74,681 272,364 169,704 225,436 9,740,600<br />

Depreciation and amortization 71,680,383 403,798 85,441 256,972 1,790,902 2,831 74,220,327<br />

Total operating expenses 301,893,291 3,989,357 1,258,280 2,629,374 3,016,444 2,834,042 315,620,788<br />

OPERATING INCOME (LOSS) (247,620,698) 1,828,890 384,641 (161,601) (1,599,168) 289,958 (246,877,978)<br />

NON-OPERATING REVENUE (EXPENSE)<br />

Total non-operating revenue (exp) 178,619,476 (674,509) (63,953) 115 1,034 1,650 177,883,813<br />

INCOME (LOSS) BEFORE CAPITAL CONTRIBUTIONS (69,001,222) 1,154,381 320,688 (161,486) (1,598,134) 291,608 (68,994,165)<br />

Capital contributions 77,577,116 - - - 6,378,651 - 83,955,767<br />

Change in net assets 8,575,894 1,154,381 320,688 (161,486) 4,780,517 291,608 14,961,602<br />

Total net assets, beginning of the year 619,304,501 12,846,967 1,859,207 1,498,662 21,855,635 1,265,916 658,630,888<br />

Total net assets, end of the year $627,880,395 $14,001,348 $2,179,895 $1,337,176 $26,636,152 $1,557,524 $673,592,490<br />

Please refer to www.metrostlouis.org > About > Financial Information for a complete set of 2012 audited financial reports.<br />

BOARD OF COMMISSIONERS<br />

Bi-State’s 10-member Board provides overall leadership and policy<br />

direction for the Agency, and is comprised of five members from<br />

Missouri and five from Illinois. In Missouri, members are selected<br />

by the Governor from recommendations by the Mayor of the City of<br />

St. Louis and the St. Louis County Executive. In Illinois, the Chairmen<br />

of the County Board for both St. Clair and Madison counties appoint<br />

their representatives. Members of the Board serve 5-year terms<br />

without compensation and must be a resident voter of their state<br />

as well as reside within the bi-state metropolitan region.<br />

DAVID DIETZEL<br />

<strong>Metro</strong> Board Chairman,<br />

Madison County, Illinois<br />

Part-time consultant for SCI<br />

Engineering in a business<br />

development capacity and<br />

former County Engineer for<br />

Madison County<br />

MICHAEL BUEHLHORN<br />

Treasurer,<br />

St. Clair County, Illinois<br />

Executive Director of the<br />

<strong>Metro</strong> East Park and<br />

Recreation District<br />

KEVIN CAHILL<br />

Secretary,<br />

St. Louis County, Missouri<br />

Director of Investment<br />

Banking for Edward Jones<br />

FONZY COLEMAN<br />

St. Clair County, Illinois<br />

Retired educator with over<br />

34 years of educational<br />

administrative and teaching<br />

experience from the East St.<br />

Louis School District #189<br />

CONSTANCE GULLY<br />

Vice Chair,<br />

St. Louis County, Missouri<br />

Vice President for Business<br />

and Financial Affairs at<br />

Harris-Stowe State University<br />

ALIAH HOLMAN<br />

St. Louis City, Missouri<br />

Senior Marketing Manager<br />

for Express Scripts<br />

TADAS KICIELINSKI<br />

Madison County, Illinois<br />

General Vice President<br />

Ironworkers International, &<br />

President, St. Louis & Vicinity<br />

District Council<br />

VINCENT SCHOEMEHL JR.<br />

St. Louis City, Missouri<br />

President and CEO<br />

of Grand Center, Inc.<br />

HUGH SCOTT III<br />

St. Louis County, Missouri<br />

Retired Managing Director<br />

of Investment Banking at<br />

Stifel Nicolaus, Inc.<br />

JEFFREY WATSON<br />

St. Clair County, Illinois<br />

General Manager and General<br />

Counsel for the Casino Queen<br />

<strong>BI</strong>-<strong>STATE</strong> <strong>DEVELOPMENT</strong> <strong>AGENCY</strong> • 707 N. 1ST STREET, ST. LOUIS, MO 63102 • WWW.METROSTLOUIS.ORG<br />

8 Bi-State Development Agency SPECIAL INSERT TO <strong>THE</strong> ST. LOUIS BUSINESS JOURNAL

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