message from the chairman

David M. Stackrow Chairman

Last year, the economy contributed to a renewed interest in transit nationwide, leading to fiscal challenges for many transit systems. According to a survey by the American Public Transportation Association, 85% of public transit systems reported capacity problems and a need to secure additional funding just to maintain service. More than 60% of the transportation system respondents were considering fare increases and 35% were considering service cuts.

CDTA’s unprecedented 11% ridership increase came at the same time that we experienced an economic downturn resulting in escalating operating costs and fewer tax dollars for transit. CDTA addressed the funding gap with cost-cutting measures, efficient service restructuring and our first fare increase in almost 14 years. Despite these hard hitting issues, we were able to maintain full employment. While successfully meeting these challenges, CDTA continues to take a leadership role in developing a strategic vision for transit in the region, working with local planning and business organizations to shape regional growth and advocate for mobility in a way that moves the region safely, economically and responsibly.

Transit creates opportunity—providing a competitive advantage for the region that is key to economic development and quality of life. Planning for our future must include public

transportation. Toward that end, CDTA is involved in a number of initiatives that will change the landscape of our region—Harriman Campus, Tech Valley, Luther Forest, and the Albany Convention Center, to name a few.

Similar to transit systems nationwide, CDTA has identified projects that can benefit from American Recovery and Reinvestment Act funds. These federal funds will be critical to securing essential capital improvements, but will not reduce operating costs. CDTA will continue to address current challenges with creativity and a commitment to excellence by our employees.

We will also advocate for investment in transit at all levels of government—so that CDTA can continue to fulfill its mission to expand service, improve mobility, reduce pollution, foster regional connectivity and enhance the economic vitality of the Capital Region.

David M. Stackrow Chairman