TFLEx Workshop – Fall 2022 – Denver – Oct 31 to Nov 1

Hosted by Denver RTD

The Financial Impact of Changing the Conversation

Measuring the value of public transportation was already changing prior to the pandemic – shifting from solely ridership volumes to social equity, access to jobs, improving land values, and connecting communities.  The pandemic highlighted and accelerated this changed view. This Transit Finance Learning Exchange workshop will focus on the financial implications of this continuing shift.

Register HERE for Denver Workshop (Eventbrite)

Agenda:  Monday, Oct 31 – 8:30 am to 6:00 pm

Safety briefing.  Welcome.  Review of meeting objectives.

Speedy sharing. Meeting participants introduce themselves and highlight a recent accomplishment at their agency.

The Financial Impact of Changing the Conversation – Session #1

The Role of the Finance Officer – The financial implications the changed conversation – operating costs, capital investment, revenues.  Discussion on the role of the finance officer.

Working lunch: – TFLEx member agencies ridership update – Speaker on Transit Trends

The Financial Impact of Changing the Conversation – Session #2

Service Levels and Deployment – Small group discussion on industry changes to focus on access to jobs, healthcare, schools, and other areas; related metrics, goals (% within 1 hour, 2 hours), and potential solutions to first mile, last mile, speed, and other aspects.

The Financial Impact of Changing the Conversation – Session #3

Fare Policies – Panel discussion by agencies that have recently enacted a change (reduced, free, loyalty, pay-per-use, other) highlighting, as applicable, impact on operating and capital budget allocations, funding, revenue administration, security costs, cash flow, metrics (cost/mile, cost/trip, other – overall and by mode, route, potential conflicts (bond ratings, financial policies, other).

Needs & Leads – All meeting participants will be asked to identify existing initiatives that would welcome information (“needs”) and briefly discuss recent projects that would provide insight to other agencies (“leads”).

TFLEx Business Meeting – 5:00 pm to 6:00 pm – Every agency is encouraged to have at least one representative attend.

Networking Dinner (start at 7:00 pm)

Agenda – Tuesday, Nov 1 – 8:30 am to 2:30 pm (plus tour)

Breakfast with my favorite transit videos (Voice of Reason, The Bus is Cool, Dumb Ways to Die, Is Mir Egal)

Safety briefing.  Welcome.  Review of meeting objectives.

Host agency project highlights – Host agency will present recent accomplishments at their agency.

The Financial Impact of Changing the Conversation – Session #4

Partnerships – Agency presentations with a focus on understanding the role of agency partners, including other government agencies, social agencies, private service providers, technology providers, to a) enable changes to service levels and deployment, b) support changes to fare policies, c) access funding or other revenue sources.

Working lunch – Speaker on Economic Forecasts

The Financial Impact of Changing the Conversation – Session #5

Framework and Game Plan for the Future – Group to share workshop notes what each workshop participant will do to frame the changed conversation – individually & as Finance – and near-term and longer-term plans.

Workshop wrap-up and overall evaluation. (ending at 2:30 pm)

Tour provided by RTD

Workshop objectives (used for NASBA submission):  Survey the characteristics of the changing conversation (from ridership to job access, transit affordability, et al); assess the financial impact on operating and capital budgets; identify agency performance metrics and policies that will need changing; learn the experience of other agencies – both impact and solutions including service and funding partnerships and allies; develop a framework and game plan for the future.

TFLEx Forum Call – Sept 8, 2022 – 3:00 p.m. CST

Agenda – Zoom call – Invite shared via email


3:00 – 3:05: Format, topics, ground rules, encouragement to participate. Outlined by Joe Costello, TFLEx facilitator.


3:05 – 3:20: Topic 1 – It’s the economy! Ridership and budget impact of higher gas prices and inflation. Discussion by agencies on the call.

3:20 – 3:35: Topic 2 – GASB 87 – the lease beast! Survey of agencies’ implementation. Discussion by agencies on the call.

3:35 – 3:50: Topic 3 – Staffing shortage – beyond bonuses… The signing bonuses keep growing! What else are agencies doing? Discussion by agencies on the call.


3:50 – 3:55: Wrap-up, request for feedback, invitation for additional topics for future, calls. Reminder that next TFLEx workshop is October 31 – November 1, hosted by Denver RTD. Facilitator Joe Costello.

3:55 – 4:00: Precious minutes before your next call!