Wednesday, September 22, 2010

October 7th - Budget/Grants Special Interest Group

TFLEx invites all members to attend the October Budget/Grants SIG online meeting
Topic: Oct SIG Conference call
Date: Thursday, October 7, 2010
Time: 10:30 am, Central Daylight Time (Chicago, GMT-05:00)

There are two ways to join the online meeting (see below). You may dial in with just your phone, or with both your phone and computer. If you connect to the meeting with your computer, you will be able to view any demonstrations or documents presented.

For reference, here are the time zones:
8:30 a.m. Pacific Time
9:30 am. Mountain Time
10:30 a.m. Central Time
11:30 a.m. Eastern Time

The agenda is still being determined. Some suggestions for topics include:
  • Dart's Contract Manager software application
  • Health Care & cost impact of new coverage requirement
  • TFLEx job/training exchange opportunities
  • Data center back-up/disaster recovery plan/location
  • Use of BI/Dashboards vs. traditional handouts for management & Board reporting
  • Records management system
  • Investment model - incremental & total operations - FTA & internal decision support
If you have any other items you would like to bring up, you may send them before the call to Irene (idemers@dart.org) or just ask the SIG attendees during the call.

To join the online meeting, see the members only information located at http://tflex.securespsites.com (Password required)

Monday, July 5, 2010



Transit-Finance Learning Exchange Invites you to attend

Dealing with the Continuing
Economic Issues

(Field of Study: Finance)
October 18-19, 2010
October 19, 2010 - Business Meeting

Program Content/Learning Objectives

As transit agencies continue to deal with funding shortfalls from the ongoing economic slump, they are taking a hard look at operational areas (such as employee benefits) and making tough choices about what capital projects can be funded. This workshop will concentrate on 1) how agencies are dealing with continued cuts in operating funding; 2) how agencies are dealing with scarce capital funding by prioritizing capital projects; and, 3) what the economic outlook is currently and going forward. After attending this conference, participants will be able to:

Understand how transit agencies are dealing with the current economy by making changes in their benefit programs.
Understand how agencies are defining State of Good Repair and using condition assessments to prioritizne scarce capital funding.
Learn whether federal funding from the American Recovery and Reinvestment Act is actually creating jobs in Transit.
Learn how the Cleveland RTA is using Transit Stat to monitor performance measures.
Identify and share best practices through "Needs & Leads
Group-Live Delivery Method
Program Level: Advanced
Pre-Conference Reading Material Provided
No Prerequisites*
Earn 10 CPE credits

* This program is at an advanced level of continuing education. Although no prerequisite course or work experience is needed to participate in this program, working knowledge of finance and transportation practices and policies is required, as well as knowledge of the program topic.

To register for this course, contact, Irene Demers, at 214-749-2630 or visit our Web site, www.tflex.org. For more information regarding refund, complaint and program cancellation policies, please contact Irene Demers at 214-749-2630.
Transit-Finance Learning Exchange (T-FLEx) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org

Housing: Hotel Information
Mayflower Park Hotel
405 Olive Way
Seattle, Washington 98101
Room Rate: $135/night

Call the hotel at 800-426-5100 or email at mayflowerpark@mayflowerpark.com and refer to TFLEx. They will extend the rate for pre/post nights depending on availability, so call early.

Fees: The registration fee for the workshop is $125.

For more information regarding refund, complaint and program cancellation policies, please contact Irene Demers at 214-749-2630.

REGISTER NOW (click here)

To complete your registration, mail a check for $125 per participant to:
Dallas Area Rapid Transit
Attention: Sharon Leary
POBox 660163
1401 Pacific Avenue
Dallas, Texas 75266-7243

Make check payable to "TFLEx" or you may use the PayPal link below:






Tuesday, June 15, 2010

New Technologies and Their Capital Impact on Operations
Cleveland, Ohio


Summary of TFLEx Spring Workshop

The Spring 2010 TFLEx Workshop was held in Cleveland, Ohio, and was hosted by Loretta Kirk and the Greater Cleveland Regional Transportation Authority (GCRTA). Our sincere thanks go out to Loretta and her staff for the wonderful job they did in making this workshop a successful event. Five of the sessions were broadcast on the web and our thanks go to Ray Garton for setting up the webcasting and making sure it worked well during the workshop. Thanks again to everyone at the GCRTA. Thanks also to the Cuyahoga Community College for providing what turned out to be one of the best facilities TFLEx has ever had in which to hold a workshop.

The main topic of this workshop was New Technologies and Their Capital Impact on Operations. Joe Costello welcomed participants and gave an overview of the workshop objectives. After his remarks, Joe introduced Joe Calabrese, the CEO of the GCRTA who gave attendees an overview of the issues his agency has been facing with the current economy.

The first presenter of the workshop was Greg Kildare, LA MTA's Executive Officer for Risk Management. Greg gave an interesting talk on LA's use of technology and their experience with Smart Drive cameras in dealing with liability issues and related impact on the cost of insurance.

Two member agencies then discussed prioritization of capital projects and how life cycle costing can be used to aid in the process. Rick Harcum, from WMATA talked about their mid-life rebuild program WMATA uses to extend the life of their rolling stock. Using life cycle costing, WMATA has figured that it saves nearly $500,000 per vehicle by extending the life of each coach from seven years to fourteen.

Grace Gallucci, from the RTA in Chicago, gave an update on their capital prioritization process. They have made progress since Grace first detailed the new process at the Boston workshop in the fall of 2008.

On Thursday Brett Jones from the Cuyahoga Community College's (Tri-C) Logistics and Distribution Institute and Terry Cordell briefed members on the proposed partnership between the two organizations in updating the Transit 101 e-learning modules. Tri-C contacted TFLEx about working together to have their professional staff update the content of the modules to make them more current and more interesting for participants. Tri-C has submitted a proposal that will be reviewed at the business meeting.

Terry Cordell briefly detailed the results of the IT Survey that had been sent out to members prior to the workshop. Six agencies had responded and the results are posted on the web site (and included at the end of this summary). As more are received they will be added to the results. Irene DeMers then led the Needs and Leads session which wrapped up the day.

Friday morning's first session was an economic update from Dr. Edward (Ned) Hill, Dean and Professor at Cleveland State University, who proved once again that economics presentations can be fun and interesting. His presentation can be heard (and the PowerPoint presentation viewed) by going to the TFLEx web site. Some of his points:

a.) North America is leading the industrial world's recovery
b.) The recovery in employment growth will lag, compared to past recessions
c.) Average duration of unemployment is the highest it has been since the 1960's
d.) The economic disadvantage of the unskilled is growing and accelerating
e.) Consumer confidence is starting to pick up, but CFO's are more confident in their own firms than in the economy as a whole.
f.) For the federal deficit, current near term deficits are defensible; long term prospects are troubling
g.) Personal savings are beginning to recover; the financial burdens of households are recovering, but still high
h.) This is the second workshop in a row with a presentation on the economy and it is a session that will probably be repeated at most future workshops. Attendees were very interested in what Dr. Hill had to say and there was a lot of discussion during the Q & A.

The workshop wrapped up with a rehearsal by Grace Gallucci of a presentation she will be giving at the APTA Bus and Paratransit Conference on May 3. TFLEx and the FTA have begun a dialogue about the possibility of working together to make improvements to the data gathering for the NTD.

The Fall 2010 Workshop will be held in Seattle, WA from October 18-19, 2010. The workshop will consist of sessions all day Monday and Tuesday until noon, with the business meeting to be held on Tuesday afternoon. More information, including topics, will be forthcoming.

The regular Business Meeting was chaired by Joe Costello on Friday afternoon. Minutes of this meeting are also available on the Sharepoint web site. All members are encouraged to attend the Business Meetings at the workshops.

Presentations from the Spring Workshop are available to members on the TFLEx Sharepoint website at http://tflex.securespsites.com.

Monday, March 22, 2010

TFLEx IT and Intranet Benchmarking Survey

The Transit Finance Learning Exchange (TFLEx) is conducting a benchmarking survey on IT technology and agency intranets. If your agency would be interested in participating in this survey, TFLEx will copy all participants the results. The results will be presented at our next conference. It is a short survey of two pages. Questions consist of total technology cost benchmarks, some policy questions, the features implemented on your intranet, and questions about what are your principal software solutions.

The survey is located at: http://www.tflex.org/TFLExITSurveyForm2010.pdf

Send the completed survey to: Terry Cordell at cordellconsulting@cox.net by April 7th, and the results will be posted back by April 28th.

TFLEx is a consorium of 23 transit agencies focusing on the finance function in the transit industry. It had it's inaugural workshop in March 1999. The conference shaped the ideas of a few leading finance professionals into an active nation-wide working group of transit finance professionals. T-FLEx enables transit agencies to share and exchange training materials, instructors, uniform procurement scopes of work, policies and procedures and best business practices.

T-FLEx membership totals approximately twenty-three organizations and approximately 250 participants. Members include: Chicago Transit Authority (CTA), Dallas Area Rapid Transit (DART), Los Angeles County Metropolitan Transportation Authority (LACMTA), Massachusetts Bay Transportation Authority (MBTA), Northeast Illinois Regional Commuter Railroad Corporation (Metra), Orange County Transportation Authority (OCTA),
Pace - Suburban Bus Division (PACE), and Washington Metropolitan Area Transit Authority (WMATA).

For more information on TFLEx, you can contact us at:
Sharon Leary, VP Finance at Dallas Area Rapid Transit (DART)
sleary@dart.org
OR
Terry Cordell, Cordell Consulting
cordellconsulting@cox.net

Website: http://www.tflex.org

Sunday, February 14, 2010

New Technologies and Their Capital Impact on Operations
Cleveland, Ohio

(Field of Study: Finance)
April 29-30, 2010
April 30, 2010 - Business Meeting

Program Content/Learning Objectives

As transit agencies continue to find ways to cut costs, new technologies have evolved in areas such as scheduling, fare collection, security and even rolling stock. This workshop will concentrate on 1) how new and existing technologies can be leveraged to improve efficiency and lower operating costs; and, 2) how societal changes in the U.S. have affected the transit industry. After attending this conference, participants will be able to:

Understand the role of new technologies within a transit agency and how they can lower operating costs.
Learn methodologies for performing life cycle costing analyses to determine the true cost of new technologies.
Understand the role societal changes are playing in effecting changes in the transit industry.
Identify and share best practices through "Needs & Leads
Group-Live Delivery Method
Program Level: Advanced
Pre-Conference Reading Material Provided
No Prerequisites*
Earn 10 CPE credits

* This program is at an advanced level of continuing education. Although no prerequisite course or work experience is needed to participate in this program, working knowledge of finance and transportation practices and policies is required, as well as knowledge of the program topic.

To register for this course, contact, Irene Demers, at 214-749-2630 or visit our Web site, www.tflex.org. For more information regarding refund, complaint and program cancellation policies, please contact Irene Demers at 214-749-2630.

Transit-Finance Learning Exchange (T-FLEx) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org


Workshop Fee
The registration fee for the workshop is $125.

For more information regarding refund, complaint and program cancellation policies, please contact Irene Demers at 214-749-2630.

To complete your registration, mail a check for $125 per participant to:
Dallas Area Rapid Transit
Attention: Sharon Leary
POBox 660163
1401 Pacific Avenue
Dallas, Texas 75266-7243

Make check payable to "TFLEx"
Register HERE


DAILY WORKSHOP AGENDA (updated 3/24/2010)
Day One - Thursday April 29, 2010
8:30 - 9:00 EDTRegistration and Continental Breakfast
9:00 - 9:30 EDTWelcome and Review of Meeting Objectives
Joe Costello - T-FLEx Leadership Committee/CFO - RTA of Northeast Illinois welcomes participants.
Joe Calabrese - CEO - Cleveland RTA
9:30 - 10:30 EDTUsing Existing Technologies to Better Manage Operations (Webcast)
Greg Kildare - LA Metro - Discusses his agency's experience with Smart Drive Cameras, and cross matching fare collection with GPS to improve reconciliation of receipts.
10:30 - 10:45 EDT Break
10:45 - 12:00 EDTLife Cycle Costing - Does New Technology Really Save Money? (Webcast)
Rick Harcum - WMATA - A discussion on his agency's mid-life rolling stock rebuild program.
Grace Gallucci - RTA of Northeast Illinois - An update on the RTA's capital planning process and discussion of how life cycle costing is used in the prioritization of projects.
12:00 - 1:30 EDT Lunch
1:30 - 2:00 EDTTransit 101/201
Brett Jones of the Tri Cities Community College will brief members on the partnership TFLEx has begun to provide content for Transit 101 on the TFLEx web site.
2:00 - 2:30 EDTUpdate on the TFLEx IT Survey
Results of the IT survey submitted by members prior to the workshop will be shared.
2:30 - 4:45 EDTNeeds & Leads (time for break included)
Facilitated discussion of learning & development needs and business practices that others can emulate.
4:45 - 5:00 EDTWrap-up Day One
Irene DeMers, DART
Day Two - Friday April 30, 2010
8:30 - 9:00 EDT Registration and Continental Breakfast
Joe Costello - T-FLEx Leadership Committee/CFO - RTA of Northeast
9:15 - 10:15 EDTEconomic Update (Webcast)
What is the current view of the short and long term state of the U.S. economy?
10:30 - 11:15 EDTPartnering with the FTA to improve the NTD (Webcast)
Grace Gallucci - RTA of Northeast Illinois - Preview of a presentation Grace will be giving during the APTA Bus Operations Conference, discussing TFLEx working with the FTA in improving the ability of the industry to generate their annual NTD data.
11:30 - 12:00 EDTHow are Societal Changes Leading to Changes in Transportation
Howard Maxer - Northeast Ohio Area-wide Coordinating Agency Policy Board (Cleveland MPO) (Invited) - How does high unemployment lead to lower ridership? Is transit losing discretionary riders? Is telecommuting and car-pooling changing how people ride? Tech - We have to become more customer oriented technologically - where's my bus, etc. What kinds of programs/incentives being used to build ridership, location specific advertising, fare collection.
12:00 - 1:30 EDT Lunch
1:30 - 3:45 EDTBusiness Meeting
Please note that attendance at the business meeting is a must for at least one representative of member agencies. Representatives must be authorized to speak for their agency during the meeting.

Meeting Agenda:
  • T-FLEx financial status/budget update
  • Outline plans for Fall 2010 workshop and determine sites for future workshops
  • Membership growth strategies, status, and prospects
  • Follow up items/assignments
3:45 - 4:00 EDT Overall Workshop Evaluation




The hotel information is:
Embassy Suites Cleveland - Beachwood
3775 Park East Drive
Beachwood, Ohio 44122
[link]

Phone Number: 1-216-765-8066
Room rate: $109 per night
Group Name: TFLEx
Group Code: TFL

The sessions will be held at:

Corporate College East
4400 Richmond Road
Warrensville Heights, OH 44128

A shuttle will be available to transport attendees from the hotel to the corporate college in the morning and afternoon.