DRIVES THE ECONOMY OF PENNSYLVANIA SEPTA 2018 ECONOMIC IMPACT REPORT
41/32/5 Southeastern PA is the Commonwealth’s key economic engine. THE FIVE COUNTIES GENERATE 41% OF STATE’S ECONOMIC ACTIVITY WITH 32% OF ITS POPULATION ON 5% OF ITS LAND. This degree of economic productivity and density is not possible without transit to efficiently move people throughout the region. BUCKS M O N T G O M E R Y CHESTER P H I L A D E L P H I A DELAWARE SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
36% OF STATE TAX REVENUE With just 32% of the state’s population, SOUTHEASTERN PA GENERATES $10.8 Billion (36%) OF THE TOTAL TAX REVENUES to the state general fund 32% 36% 41% 42% SALES CORPORATION INCOME ESTATE & REALTY TRANSFER SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
STATE POPULATION GROWTH +81,565 90,000 +861 +71,884 B U C K S +4,297 80,000 D E L A W A R E 70,000 +16,349 C H E S T E R 60,000 +20,613 50,000 MONTGOMERY 40,000 30,000 +39,445 20,000 PHILADELPHIA 10,000 0 FIVE COUNTIES STATEWIDE REST OF THE STATE -10,000 -9,681 2010 - 2016 SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
STATE POPULATION GROWTH +81,565 90,000 +861 +71,884 B U C K S 80,000 +4,297 D E L A W A R E 70,000 +16,349 C H E S T E R 60,000 50,000 +20,613 MONTGOMERY 40,000 +39,445 PHILADELPHIA 30,000 MFL/BSL TRACTS MFL/BSL TRACTS +31,423 +31,423 20,000 10,000 0 FIVE COUNTIES STATEWIDE REST OF THE STATE -10,000 -9,681 2010 - 2016 SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
CITY POPULATION GROWTH 12 9.6% 9 6% 6 2.6% 3 1% 0.5% 0 -1% -3 -2% -6 -4% -5% -5% -6% -6% -15% -13% -13% -9 -12 -15 1970-1980 1980-1990 1990-2000 2000-2010 2010-2016 MFL/BSL TRACTS REST OF THE CITY CITY OVERALL SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | PRELIMINARY FINDINGS REPORT - FEBRUARY 2018
CITY POPULATION GROWTH 60,000 39,445 40,000 8,459 31,423 20,000 21,198 8,022 0 -12,739 -20,000 -59,799 -40,000 -83,380 -60,000 -5,828 -80,000 -65,628 -20,616 -100,000 -103,996 -120,000 1980-1990 2000-2010 2010-2016 1990-2000 MFL/BSL TRACTS REST OF THE CITY SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
ACT 89 Capital Impact $775M 5,420 $302M +70% JOBS EARNINGS IMPACT POST-ACT 89 NOTE: CAPITAL IMPACT NUMBERS REPRESENT FY2015 - FY2017 (IN $2017) AVERAGE ANNUAL SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
ACT 89 Capital Impact +71% $725M 5,130 $287M IMPACT POST-ACT 89 JOBS EARNINGS F I V E C O U N T I E S NOTE: CAPITAL IMPACT NUMBERS REPRESENT FY2015 - FY2017 (IN $2017) AVERAGE ANNUAL SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
ACT 89 Capital Impact $82M 560 $31M B U C K S POST-ACT 89 JOBS EARNINGS NOTE: CAPITAL IMPACT NUMBERS REPRESENT FY2015 - FY2017 (IN $2017) AVERAGE ANNUAL SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
ACT 89 Capital Impact $78M 530 $30M CHESTER POST-ACT 89 JOBS EARNINGS NOTE: CAPITAL IMPACT NUMBERS REPRESENT FY2015 - FY2017 (IN $2017) AVERAGE ANNUAL SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
ACT 89 Capital Impact $154M 1,140 $64M D E L A W A R E POST-ACT 89 JOBS EARNINGS NOTE: CAPITAL IMPACT NUMBERS REPRESENT FY2015 - FY2017 (IN $2017) AVERAGE ANNUAL SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
ACT 89 Capital Impact $145M 1,000 $56M M O N T G O M E POST-ACT 89 JOBS EARNINGS R Y NOTE: CAPITAL IMPACT NUMBERS REPRESENT FY2015 - FY2017 (IN $2017) AVERAGE ANNUAL SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
ACT 89 Capital Impact $265M 1,900 $107M POST-ACT 89 JOBS EARNINGS P H I L A D E L P H I A NOTE: CAPITAL IMPACT NUMBERS REPRESENT FY2015 - FY2017 (IN $2017) AVERAGE ANNUAL SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
SEPTA Economic Impact $3.05B AVERAGE ANNUAL POST-ACT 89 23,370 P E N N S Y L V A N I A JOBS $1.72B EARNINGS NOTE: ECONOMIC IMPACT NUMBERS REPRESENT FY2015 - FY2017 (IN $2017) AVERAGE ANNUAL SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
SEPTA Economic Impact $2.93B AVERAGE ANNUAL POST-ACT 89 22,590 JOBS 5 - C O U N T Y $1.67B EARNINGS NOTE: ECONOMIC IMPACT NUMBERS REPRESENT FY2015 - FY2017 (IN $2017) AVERAGE ANNUAL SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
SEPTA Economic Impact $228M AVERAGE ANNUAL POST-ACT 89 1,650 JOBS B U C K S $95M EARNINGS LEVITTOWN STATION NOTE: ECONOMIC IMPACT NUMBERS REPRESENT FY2015 - FY2017 (IN $2017) AVERAGE ANNUAL SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
SEPTA Economic Impact $174M AVERAGE ANNUAL POST-ACT 89 1,300 JOBS $72M CHESTER EARNINGS PAOLI STATION NOTE: ECONOMIC IMPACT NUMBERS REPRESENT FY2015 - FY2017 (IN $2017) AVERAGE ANNUAL SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
SEPTA $434M Economic Impact AVERAGE ANNUAL POST-ACT 89 3,240 JOBS D E L A W A R E $212M EARNINGS 69TH STREET WEST TERMINAL NOTE: ECONOMIC IMPACT NUMBERS REPRESENT FY2015 - FY2017 (IN $2017) AVERAGE ANNUAL SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
SEPTA Economic Impact $403M AVERAGE ANNUAL POST-ACT 89 3,010 JOBS $175M M O N T G O M E R Y EARNINGS 9TH STREET STATION NOTE: ECONOMIC IMPACT NUMBERS REPRESENT FY2015 - FY2017 (IN $2017) AVERAGE ANNUAL SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
SEPTA Economic Impact $1.69B AVERAGE ANNUAL POST-ACT 89 13,390 JOBS P H I L A D E L P H I A $1.11B EARNINGS CENTER CITY CONCOURSE IMPROVEMENT PROGRAM SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
PROCUREMENT MAP 2013 - 2016 Contract Value By County TOTAL CONTRACT VALUE: § 2010-2013: $756M (PRE-ACT 89) § 2013-2016: $1,079M (POST-ACT 89) § ∆ : +$323M ERIE $129,100 MCKEAN WARREN SUSQUEHANNA TIOGA BRADFORD POTTER CRAWFORD WAYNE WYOMING FOREST SULLIVAN LACKAWANNA CAMERON ELK VENANGO $80,100 LYCOMING PIKE MERCER $6,200 $7,700 CLINTON LUZERNE CLARION $5,700 $10,721,300 JEFFERSON COLUMBIA MONROE $774,800 LAWRENCE $243,200 $238,000 CLEARFIELD $22,300 UNION MONTOUR $13,500 CENTRE $600 BUTLER CARBON $438,800 $2,744,100 $707,000 ARMSTRONG NORTHUMBERLAND SNYDER BEAVER NORTHAMPTON MIFFLIN SCHUYLKILL $1,157,800 INDIANA $10,468,900 $1,737,900 LEHIGH $5,424,100 $1,523,700 JUNIATA CAMBRIA BLAIR ALLEGHENY $88,500 BUCKS $2,003,400 DAUPHIN $14,248,800 PERRY BERKS $14,725,300 $144,925,600 $500 $39,838,800 LEBANON $1,234,800 WESTMORELAND HUNTINGDON $1,413,000 MONTGOMERY WASHINGTON $199,367,600 CUMBERLAND $422,600 $14,238,300 LANCASTER CHESTER 422,200 $73,524,800 BEDFORD SOMERSET FAYETTE YORK FULTON $76,000 FRANKLIN $120,200 ADAMS PHILADELPHIA GREENE $954,000 $131,000 $76,400 $422,471,200 DELAWARE $112,356,400 $10 Million and Above $1 Million To $10 Million $500,000 To $1 Million $100,000 TO $500,000 $0 TO $100,000 NO PROCUREMENT
CONGESTION IMPACT ACCESS TO CONGESTION ENVIRONMENTAL EMPLOYMENT PUBLIC SAFETY TRAVEL COST AND TRAVEL OPPORTUNITIES TIME SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
FINISHED PROJECT HIGHLIGHTS - CITY 40TH STREET 61ST & PINE DIRECT BUS ON CENTER CITY STATION ST BUS LOOP ROOSEVELT BLVD CONCOURSES - PHASE I UNDER CONSTRUCTION 15TH STREET ARROTT WOODLAND AVE. SOUTHERN STATION TRANSPORTATION BRIDGE DISTRICT CENTER SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
FINISHED PROJECT HIGHLIGHTS - SUBURBAN CRUM CREEK LANSDALE STATION LENNI FRAZER YARD VIADUCT PARKING GARAGE SUBSTATION - PHASE I UNDER CONSTRUCTION LEVITTON SECANE STATION EXTON STATION FRONTIER DISTRICT STATION BUS DEPOT SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
CATALYTIC IMPACT King of Prussia Rail Project SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
CATALYTIC IMPACT 30th Street Station Plan SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
SUBURBAN RESIDENTIAL PROPERTY VALUE IMPACTS Access to rail transit increases property values. Models allow economists to isolate this value through analysis of home sales. On average, suburban residential property values are 7.4% higher, totaling $14.5 BILLION in added home value associated with SEPTA’s Regional Rail & Norristown High Speed Line. At a county level, property value impacts range from 4% ($1.9B) of total value in Chester FOUR COUNTIES County to 11% ($3.7B) of total value in Delaware County. $5.9B $6B RESIDENTIAL PROPERTY VALUE SUPPORTED BY SEPTA $5B $3.7B $4B $ in Billions $2.9B $3B $1.9B $4.4B $2B $2.9B $1B $2.2B $1.4B $0 BUCKS COUNTY CHESTER COUNTY DELAWARE COUNTY MONTGOMERY COUNTY 7% of Total Value 4% of Total Value 11% of Total Value 8% of Total Value PRE-ACT 89 POST-ACT 89 SEPTA DRIVES THE ECONOMY OF PENNSYLVANIA | 2018 ECONOMIC IMPACT REPORT
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